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...
DKNG, better know as DraftKings Inc., is an American daily fantasy sports contest and sports betting provider. As of April 2016, the majority of U.S. states consider fantasy sports (including daily fantasy sports) a game of skill and not gambling. This is huge news due to the fact that if that bill in 2016 passed, sports gambling and fantasy sports gambling would...
Contextual immersion trading strategy idea.
DraftKings Inc. operates as a digital sports entertainment and gaming company.
The share price is fishing now. I think the market waits for good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions...
DKNG - Ichimoku 45 minutes show strong upside as well as 1 hour, 2 hours, 4 hours and daily time frames do. The recent golden cross was a steep cross that indicate a massive buys. Unusual option activities today had more than 36k+ 5/15 $30 call contracts bought for $0.8 - $0.85. Q1 earning release is scheduled on 5/15 (Friday) before market. RSI 14 is 83ish. ...
Just took a look at this stock this morning as it's held by someone I follow from time to time. It seems to be moving up nicely in an impulsive manner......more upside perhaps after a 4th wave correction.
DraftKings Inc. operates as a digital sports entertainment and gaming company. It provides users with daily sports, sports betting, and iGaming opportunities. It is also involved the design and development of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products.
I like this as a long term company too but...
Clear Bull Flag forming On the Hour ill continue to watch the formation enter on high volume at break of top of first pull back candle That has great volume with good level 2.. target @25
I've said this once, and ill say it again. I am a true believer in the sustainability of legalized sports gambling around the country. DKNG launched their IPO on the 24th of April, 2020, and since then, has done nothing but gain value. Now people that don't really know about the company DraftKings, think that this isn't a good buy due to the fact that there are...
After looking at DKNGs chart it seems like the rally is JUST beginning.
There seems to be a lot of support around the $17-$18 area so if it does drop again around that price snatch it up, FAST.
Because this seems like a rocket that isn't going to stop anytime soon
Looking at momentum MACD and Accelerator Oscillator, everything is looking extremely bullish.
You...
Draft Kings might be a good growth stock down the road, but for the short term this stock will likely tank as the overall market declines.
This stock is trading higher during this bear-market-rally than it did at the market peak.
The market peak was before all professional sports were cancelled.
Buying puts offers high reward:risk
I for one, truly believe in the sports gambling market. I am very new to trading, having only bought my first few stocks about a month or 2 ago. When DraftKings launched their IPO on the 24th of April, although I am new to the stock market, I saw potential. Opening at $10.04 its first day, the stock surged up to $19.35, nearly an 11% gain in its first day as a...
DraftKings is an American daily fantasy sports contest and sports betting provider. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player and team performances in five major American sports (MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League soccer, NASCAR auto...
