SPECULATIVE TRADE DKNGmy considerations, I am very bullish on this stock both short-term and long-term, I think there will be a reversal this week, the first comrades, I watched, jumped as soon as the price touched MA50 :)
b.radikal.ru
a.radikal.ru
whether the rebound will be fast or slow, I will not say whether to gain a position gradually or decide all this at once depending on your goals, fix part of the position at $ 52.50 or $ 62.50 is also your choice, I believe that part of the position can be fixed for $ 62.50 leave the remainder for a long time, maybe the casino in each smartphone will shoot hard :) who knows
DKNG
DKNG might be dead for awhile! Wheres the BOTTOM?DKNG head and shoulders broke out... Now, how far down can we go? next support for me is at 34.30, if NFL has more COVID cases and more games are being delayed or rescheduled we could see DKNG down to the low 30's. Right now it is sitting at the bottom of my channel could we possibly bounce off the bottom of the channel or keep running down. lots of upside for DKNG to run up in the channel but with this pandemic and political factors coming into play i'm bearish on DKNG
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.
DKNG dip buy DKNG strong support around 48.60 perfect bounce off that support zone. We could see a reversal to retest ATH. Start scaling in some calls (small) now waiting for that breakout of that downtrend resistance line.
PT $55 by next week 53$ by this week
looking to get in $55 C 10/23 at 1.70, will scale in more every dip unless more covid cases come out and bad news comes out on dkng
DKNG ReversalAfter a gap down, the breadth of NASDAQ:DKNG might have changed. There was a broad trend channel forming since Sep 11 which might be broken with a low close today. If DKNG closes below 52.88, it will likely retrace to 49.68. If its channel holds DKNG could fill the gap formed on the 7th and continue in its sharp channel upward.
DKNG looking to bleed moreI posted this chart with the bull flag a week ago, we broke out hit my take profit zone around 65 and making our way back down. Could see a move down to 46.20 (.618) and then you could start scaling in for calls i would set stop loss at 43.60. If we break below 43.60 overall move would be back down to $36 support zone. Im seeing a potential head and shoulder so my theory is we can ride that right shoulder up and bears will bring it back down. We filled that gap at 53$ and making our way down to fill the gap at 51$ this is good for us bulls now we just worry about filling that gap up now!
DKNG can go PARABOLIC... $67 today DKNG broke out of this ascending triangle pre market so we will be up massive at market open! GOOD NEWS is coming out for DKNG everyday that beats out that COVID news with the Titans and Steelers situation. PT 67 by the EOD! Looks like we will wont be filling those gaps down anytime soon!