EBET, Inc. develops products and operates platforms to provide a real money online gambling experience focused on esports and competitive gaming. The company operates a portfolio of proprietary online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. It also provides iGaming, which include online...
Profitable company with a high ROIC and future upside potential. Dont be late.
The chart speaks louder than any ASX announcement from the board. Will more state licensing deals save bagholders? 28/08/2020 jumped 92% in 1d from $6.58 to $12.68 on 27-28 august 2020. PointsBet Partners with NBC 30 oct 2020 to 16 Feb 2021 from $9.49 to $17.22 gain 81% 16 Feb 2021 to 28 Feb 2022 from $17.21 to $3.49, loss 79%
The policy of cohabitation with the covid has allowed betting rooms and casino reopening, The Americans therefore want to gamble. Return also the investors on the Stock, it seems there is a consistent increase of the positions LONG from the professional investors while the Institutional ones constantly reduce their positions SHORT in view of a passage LONG...
DKNG earnings are on Nov 5th and chart setups look pretty nice going into earnings. I may be little too early to start a trade, but don't want to miss it for few bucks.
$GNOG Golden Nugget Online Gaming and $RSI Ruth Street Interactive have traded roughly in the same range year to date up until $DKNG DraftKings announced its acquisition of GNOG on August 9th. There is currently about a 20% difference between the two stocks. Rumors have circulated of a possible acquisition of RSI by Flutter Entertainment $PDYPF. Rumors aside...
One of my favorite ASX stocks, which had an extremely bullish run at the start of this year (2021). Once an offer was made public buy ASX:TAH(Tabcorp) on 28/05/2021, stock prices plummeted. It appears that we have found a bottom of that massive price decent, and are starting to look bullish again (higher highs and lower lows). Could this run be as strong as...
DKNG 4HR TF Analysis After a 15% correction within a two day span from Hindenburgs claims on black market dealings/ illegal gambling, Buyers took advantage of that dip as it rallied 11% intraday and is currently consolidating for more upside. Retraced nicely to the .618 of May lows and Junes current highs and potentially forming a nice channel with lots of...
What's next for DKNG? I'll be providing two other posts, please make sure you check those out as well after reading this. There's a lot of juice behind this stock right now. As you can see from the chart, DKNG had a clear breakthrough below the 200 day SMA. This line of support had massive volume (VPVR) at the 51 level, the 200 day SMA line at 51, as well as...
Oversold on every time frame. Likely related to 1.10 financing paper coming online soon but it's only 3M shares and liquidity is not an issue.
DKNG 1HR CHART... After a strong sell off from reaching ATH, we seen some bullish momentum in the past 2 weeks with a strong close on Thursday. March Madness championship is Monday April 5th, so a potential catalyst to help this momentum continue. Expecting to see some bullish price action early this week and sell the news with sports activity decreasing....
$DKNG update wave 3 of 3 target hit, could see a retrace to my .618 which fills that gap at 62, I can see one more push towards mid march once this correction is in, after this month not much sports activity going on but news with gambling (laws, app features, partnerships) can push this. Short target: 60 Long Target: 75+ ($100 stock long term)
DKNG traded up in the parallel channel and nearly hit the projected target. Based on the TTM squeeze indicator it looks like it is just building strength to take off. MACD signals buy as well. Fundamentals: They just beat on revenue on their latest earnings. They continue to grow paying-customers. More states are legalizing giving it a tailwind. This stock could...