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-$25. It seems like a hot deal with an excellent risk-reward ratio
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Might be too early to call, but the gap between the 3200 and the 200 may close very soon
Green power bars will pull the 200 over the white 800ma, and from there we will see how much power presents itself to head towards the 3200ma
Possible 5 waves are in, i count a truncation, but It can be hard to tell without a clear wave 1 ahead of us
Target is 39$ or near...
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!
Looks like we located a potential market anomaly on the daily timeframe . Price is in a range and could breakout. However, this also looks like an "abc" corrective or potential impulsive wave. The anomaly was located near the wave B extension where wave A originally started ( bearish candle, bullish volume ). If price passes the start of wave A before the bearish...
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#LottoFriday 🎰
EXP: 22JUL22
$BABA 107C > 106.61 | 103P < 103.68
$DKNG 14.5C > 14.42 | 13.5P < 13.92
$INTC 41C > 40.65 | 39.5P < 39.82
Don't recommend any YOLO plays on the 0DTE picks if you're red on the week. Only play with profits here.
GL! 💰
DKNG is one of those cult stocks where a lot of eyes were on this name during last year. Now it feels like most people abandoned this name and already gave up on it. So real good for a breakout chance. PENN already broke out today. DKNG can follow it.
Above 14 can see 14.64, 15.54, 17.20
Jul 20 15C can work
#SuakuFlowsWatchlist
$DKNG C > 11.62 | P < 10.78
$RBLX C > 27.27 | P < 24.57
$SBUX C > 72.44 | P < 70.77
$TWTR C > 38.05 | P < 37.02
Getting my watchlist picks out to you guys early for Tuesday's session 🌊
Scale when comfortable.
Lets see if the double bottom holds. This stock has been hit so hard the snap back will be hype fast. Really everything is set, its all up to JASOn now.
Every time the upper AND lower bands in orange of the Bollinger pass within the Keltner Channel, there is a significant move. The direction is always unknown, but it's an excellent indicator of when a stock is coiled for a big move.
The last few upper and lower band breaches resulted in big downwards moves. This most recent cross of both bands of the Bollinger...
That's a peace of a drag.
I only consider a buy when it crawls up above the CL.
In no other circumstances I would buy it.
So, another Stock for the LT watchlist.
#watchlist #dkng
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.
$DraftKings(DKNG.US)$ This has been a tough market to say the least, However, I see a very very small ray of light for DKNG. Earnings and charts is all set for a big move. DKNG closed the week with an inverted hammer. If next week we close positive for DKNG than we might be setting a pivot point.
Earnings watch 5/6:
DKNG
NRG
CI
VST
SR
MGI
RUTH
BBU
DISH
UAA
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading...
Sorry for the crowded chart but I have watch this move develop for a long time. DKNG has a textbook chart. I think it will go below $10 after the earning report (this will wash out the remaining weak hands) and recover from there. DKNG has hit max max pain already.
DraftKings, Inc. provides online fantasy sports and sports betting services. It provides users with daily fantasy sports, sports betting and iGaming opportunities, and is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. The company was founded on August 6, 2021 and is headquartered in Boston, MA.
NASDAQ
