DKNG - Good Risk/Reward Long TradeABC corrective wave complete, looking for a long entry around $45 with a price target around the 1.0 fib and possible extension target. Reward/Risk +6:1 with a stop loss around $42Longby Three-Bull-Insight223
Pullback to demand zone to Long.Shared DKNG last week, check my profile. Price pull back to demand zone. Waiting for entry signal to long into this country. Monitor closely. Longby probabilityta1
Upcoming bounce in the channelGambling. The one thing that will never disappear. With so many cases, I doubt Las Vegas will have many customers and with the digitalization of the world I doubt those casinos will return to their glory days as online gambling will take over. Here we can see we are inside a channel and if se use volume profile we can see a high volume node along the golden fib. It can be difficult to catch a falling knife, but a good educated guess would be down at the box highlighted. Of course this is no guaranteed but we should be keeping a close eye when it reaches this box.Longby gNnairdAUpdated 0
DKNG Short to 43.4 if breaches 47.65 support.Divided into two gain box , first one the retracement was to .5 and it went back to .75 but the volume profile suggested the upward movement. In the current gain box , even though we have hit .5 retracement , the volume profile suggest the POC much lower, if it goes below 47.65 to stock likely to fall 43.4 level.Shortby harishrao82Updated 1
DKNG Head and Shoulders. $41 target$41 PT is determined solely based on volume shelf. $36.38 is the next target also based on volume shelf. THE LOCKUP PERIOD ENDS ON TUESDAY!Shortby bulltradingtips114
DKNG options trade idea! Exactly follow my chart as you can see! This would be the best entery point as per my opinion! My targets are same! Adding stop loss at $42 due to volatility in market! Trade safe 🚫Longby Trading_with_AR0
DKNG - Something Else From Me...Levels on watch... Currently lacking strength. Count invalidated when the line breaks.by Barkworth1
DKNG Riding DownDKNG is in a downtrend currently due to increased NFL COVID cases. If it doesn't bounce up at $47-$47.55 then we should see $40. If it does bounce up, depending on if there is news or not, it should continue its original channel uptrendby Bye_ShaiUpdated 2
DKNG Long DKNG Wave 5 we profited as per my previous post and now abc correction also coming to an end. Another long entry emerging for new wave 1 around 42-45. If this support holds one can easily ride this till the end to wave 5. I have an entry order waiting to hit. Hopefully tomorrow. Just an opinion. This post is for educational purpose only. Please do your own homework before buying or selling any financial assets.Longby Riainvestment0
look for cheaperi know it looks cheap but i think we can get a entry around 40, longterm calls if you really want to add here, its not ready for weeklies imo! Longby Vibranium_Capital4427
Bullish Flag. Perfect Opportunity to go LONG.Greetings. I'm even more bullish on DKNG, which is currently a pullback (61.8% retracement) from the uptrend that began 08 Sep. DKNG is also at the low-end of the Bollinger Band, which indicates an opportunity to GO LONG. Support at $45, which is slightly below the 50EMA. I anticipate a retest the $64 high before options expire on 20 Nov. I'm LONG on the following: - 20-Nov DKNG $55 C - 30-Oct DKNG $55 C - 30-Oct DKNG $50 C - 23-Oct DKNG $40 P I'm SHORT: - 23-Oct DNKG $45 P Happy Trading! Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.Longby chiefwils0n6612
Be safeDunno. I hesitate to call this 2 parabolic arcs, so not sure what to call it Just doesnt look good is all and I was in it but sold it last week 79% of the top pattern is 35.4 (forgot to put it on there Most arc patterns/if it is an arc pattern/fall 62 to 79%/I am NOT saying this is 2 arcs! News seems favorable G with your gut and keep a stop Not a recommendation Comments welcome (o:by lauralea2
$DKNG Draftking insiders fuel 30% decline. Selling continues and the stock is now down 30% from its highs. Insiders have dumped millions of shares in recent days to compound the misery on retail traders. The 50ma will be touched on Friday in conjunction with the June Pivot Point, if that fails to ignite a recovery the Fibonacci Gp at $41.00 is in play. INSIDER SALES MURRAY STEVEN JOSEPH Director Oct 09 Sale 50.83 1,545,924 78,579,317 Meckenzie Shalom Director Oct 09 Sale 50.83 6,949,088 353,222,143 Nada Hany M Director Oct 09 Sale 50.83 946,712 48,121,371 Salter John S. Director Oct 09 Sale 50.83 4,972,572 252,755,835 Moore Ryan R Director Oct 09 Sale 50.83 1,000,000 50,830,000 by Bullishcharts5533