DKNG - Draftkings, perfect harmonic deep crab setup with the 161% PRZ being respected and a nice bullish engulfing on the weekly to trigger entry. long with T1 @ 34.50 T2 @ 49.95 SL 9.65 RR @ T1 = 2 : 1, RR @ T2 = 3.88, SL moved to break even at T1 and half profits to be booked. weekly setup so patience required as setup will take a while to play out.
A new bullish impulse is coming for DraftKings after Monday's breakout of the local resistance level. More than 50% profit potential and a price target of $24-$25. It seems like a hot deal with an excellent risk-reward ratio Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and...
If you played any calls the last couple days with Draftkings you certainly made a nice chunk of change. Especially if you entered before the gap up. lets not forget the 3 soldiers candle pattern that followed after the gap up!
Here's my chart for draftkings, when I go in closer, I see potential downside in the next few days, but there is a lot of potential upside in this stock in the long term with support coming from the bigger charts.
How does an esteemed invested such as Cathie Wood not see the clear distribution of this chart? In her ARKF fund she has over $205 million dollars invested in this company, and another $205 million in her ARKK fund. Ouch Cathie. Ouch.
DraftKings is getting wrecked again and now tumbling towards that one major support at 13.30 Look left what happened when we broke that support once If we hold that for real though, maybe one could roll the dice on DNKG to the upside
All eyes on DKNG to break the downtrend. Is $15 to bottom for DKNG or will it go lower? Or is this an easy 25% play?
DraftKings finds itself at the all time .886 retracement at the moment. The daily RSI keeps showing some kind of bullish divergence. One could accumulate some positions in DraftKings here for the long term play. Set your 2030 Me up for some nice gains ;)
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily fantasy sports, sports betting, and iGaming opportunities, as well as media and other online consumer products. It is also...
Draftkings is currently at the all time .886 retrace and forming a double bottom. Indicators in the 3d chart also look very bullish imho Stay safe in this crazy times !
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily sports, sports betting, and iGaming opportunities. It is also involved in the design, development, and licensing of sports betting and casino...
As you can see from the chart DKNG bounced at a strong support area that was established back in Feb 2020 - April 2020. We can see that shortly after this bounce occurred there is a strong indication of a bullish macd crossover in unison with RSI moving out of oversold territory. On the 1 day chart we can see that DKNG is now in an ascending price channel and I...
As you can see from the chart DKNG bounced at a strong support area that was established back in Feb 2020-April 2020. We can see a clear RSI divergence leading up to the bounce at support. We can also see there was a downside breakthrough of auto fib extension however it quickly retested and bounced from there. With these indicators occurring in unison with the...
$DKNG 1D Bounced perfectly off the 78.6% from all-time range. If > $23.5, possible to see 100% upside at the minimum...
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily sports, sports betting, and iGaming opportunities. It is also involved in the design, development, and licensing of sports betting and casino...
Today we will take a look at DKNG. The first thing to mention is that the price has reached a significant level composed of a support and a cloned trendline of the current descending movement or corrective movement. From here, we can see an inner descending trendline inside the correction (yellow line). That trendline is really important to provide us with...
Current trend and past trends are all leading to a similar point (sometime in Feb), plus we had a nice little drop on earnings which could have put this stock on a really good path up to $100. People love to gamble, and DK is spending a lot of advertising. Will it get there?? I'm not sure, however.. It's not crazy to think DK and Penn start to run again this...
DKNG has still finished carving out a wave b, now forming a double top with a daily engulfing pattern. Probably because of news of new investment from ARK. The Elliott wave is still clear and we're targeting under $27 before resuming the main trend. We could go as low as the $16 area. Also, not pictured on this chart is RSI divergence confirming the 5th wave top....