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DKNG

DKNG - Draft Kings Swing TradeWith Sports scheduled to start making a comeback, we've been looking at this one for a Swing trade. Right now the stock is going parabolic so we're definitely expecting a pullback but we're going to keep riding it until we see some resistance. Currently up 50% on this trade, possibly securing profits at the $48 level. Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NASDAQ:DKNGLong
by MannyLo
1
Draft Kings is a Monster - Long Live Sports BettingsDraft 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 on the way down. Personally I am long not just on 30% rev earnings, but I love draft kings myself, their customer support, overall experience and its a money making machine with little overhead.
NASDAQ:DKNG
by DigitalData
14
DKNG Scalp trade and Long term plansDraftKings 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 we missed the opportunity to buy the dip. Long term, i would pick some more up at $11. Short term, there's a quick scalp opportunity Buy at $21.90 Stoploss at $20.90 target $23.90 We got some possible bullish catalyst coming up with ufc fighting starting up again.
NASDAQ:DKNGLong
by WallSt007
Draft Kings seems like it has no endAfter 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 can easily trade this pair if it keeps hitting low $20 Highs and $17 lows as the long term for this pair seems extremely bullish Market cap, it can easily grow into a 10x company in 5 years. Gambling/betting on e-sports, traditional sports, and rumors of gambling on basically anything that can be bet on, this is your play. Never bet against America gambling their own money to make more money. Look at Vegas. We will evolve into a more casual gambling society imo where vegas like plays can be made through DKNGs especially once they implement Crypto betting and possibly be legal in more than just 5 states. DKNGs is looking at nothing but potential upwards and in a few years it can easily be a trillion dollar company and the monopoly for online gambling on anything related to sports
NASDAQ:DKNGLong
by mandujanotony31