It appears as though DKNG is breaking out of a bull flag, very interesting bullish cross on the KST. The first green finger on the KST back in April is what we want to see happen again, not like the red finger icon in July which basically resulted in choppy trading. Higher lows on the RSI and it's looking like a higher high is going to occur in the near...
Price is bullish market flow News came out the The Goat this morning became an investor and advisor for the company. Follow Smart Money
Morgan Stanley analyst Thomas Allen has downgraded DraftKings, which is represented by the loss (A-C) until the NFL season starts. DKNG shows promise with its last earnings so we can expect big gain between the combinations of NFL start and future earnings.
International Game Technology PLC operates and provides gaming technology products and services worldwide. The company operates through four segments: North America Gaming and Interactive, North America Lottery, International, and Italy. It designs, sells, and operates a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery...
My buy zone and target for $DKNG (Not financial advice)
DKNG has had a nice run up the last 3 days completing its wave 5 extension. With RSI over extended its retracement point looks at about $36 at the 61.8 Fib Stop is a close above today's high at $37.5
Well we had a healthy pullback and this i feel is ready to go again with sports starting up wish it was sooner to help with earnings but we will take what we can get...
DKNG CURRENT POSITION (Friday Entry) = 21AUG20 35c x10 @4.90 Adding to position with shares and/or options if it dips to 31 (100ema 4hr). Building a long-term position to hodl but will also continue to swing and scalp as long as it gives us that pleasure. The Inverted Head & Shoulders is obviously purely speculation but technically speaking it is setting up for...
Entry $38.5 S/L $34.21 TP1. $42.79 TP2. $50 12 months Consensus Price Target: $39.75 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Will be monitoring DKNG if we form a double top here over the next week or two (see magenta lines). Will plan to short and close at the prescribed red dotted line
Monday's Iron Condor sellers and straddles/strangles will like the tight ranges for this Friday's Expirations...! Perhaps I'll ride my first IC all the way to 6/5 expirations? naw...
Sold 10 IC for Friday at peak on Monday for the premiums. I liked the down move early but the sideways pattern needs to move by Friday expirations. The range needs to move more for max profits... we'll see!
With Sports scheduled to start making a comeback, we've been looking at this one for a Swing trade. Right now the stock is going parabolic so we're definitely expecting a pullback but we're going to keep riding it until we see some resistance. Currently up 50% on this trade, possibly securing profits at the $48 level. Disclaimer: I do not provide personal...
Well as soon as MLB negotiations settle with players For July Start I think this one is off to the Races Being there will be not much else to do.. Wish i bought More...
IN MY OPINION The coronavirus has sparked a lot of interest in people with (extra money) stimulus checks/unemployment and (extra time) unemployed. When things go back to "normal" and people go back to their regularly scheduled days they will forget about gambling with draft kings but not all of them. I think there will be a solid price range that it will hang...
Draft Kings I personally believe is worth double what it is now. However, sports not being played all that makes it scary for investors. With news on earnings today I think you see a big time change. I think it will consolidate in the corner forming an ascending triangle and breakout the top. If it doesn't I also marked put options where to enter and wher to check...
It is trending up together with MA9, and it is pulling back now. I would expect to meet with 20SMA now.