jUiCE_Trades

DKNG bull flag, can we keep pushin!

Long
NASDAQ:DKNG   DraftKings Inc.
DKNG has finally reclaimed my overall channel. Right now i can see a bounce at $47 (.618 fib) and we bounce to see 51 if we carry the momentum we have for the rest of the week. Volume is great, over 20 ema so i can see 51 by end of the week. If it can Hold above $47 overall move is back to $55. Under 46.50 i can see next bounce around 44 and possibly fill that gap at 42.77 but with the momentum it has, i dont see dkng going down this week but keep in mind basketball is starting in a few weeks so dkng is at a good price to go long... 2022 - 2023 Calls

my PT is 52


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