DKNG to 55 fomo will kick in and i can see 61 next week, if you got in my calls i mentioned should be up 300-400% on the 55c lottos and 90% on 12/24 contracts, congratz dkng fam
DKNG has been consolidating for about 2 weeks now, gave it a shot last week but with market sentiment being very uncertain now we have some certainty restored. Vaccines have been approved which is great for sports so we should see DKNG get a nice boost. Now we just need positive stimulus news and market will pump. resistance: 50.91, 52, 53.71, 54.83 support:...
DKNG loves to consolidate for some time and rally the next week so im expecting a big move some time this week or next week at the latest, support is at 47 under that dkng can drop fast. If it holds above 47 the way its been this past week we can see an overall move to retest resistance at 54-55 and go for that gap fill. Breakout of this handle and we could see...
$DKNG has traded back into its 9 months trend channel zone, breaking above its 50DMA. At the current junction, $46.25 price level would be acting as its immediate support resistance; coinciding with its 50DMA. The first major price resistance hurdle to clear is targeted at $55 range gap, before a breakaway acceleration towards its all time high level at $64.20.
I entered DKNG options too early @ $40-45 price range and realized the loss. Looking to take / add long positions here on higher lows if we're able to break the GP and hold. Final TP: $70-72
Over 52 this can push to fill that gap up at 55-56. Holds over 47 i'm bullish, watch for the breakout of that down trend. im looking at 55c 12/18
Long $DKNG for target of 50. There's earnings in this week too, which if comes good, we could see level of 55+ next week on it. Pick some Nov 20th DKNG 45calls, last traded on @ 1.35
DKNG has finally reclaimed my overall channel. Right now i can see a bounce at $47 (.618 fib) and we bounce to see 51 if we carry the momentum we have for the rest of the week. Volume is great, over 20 ema so i can see 51 by end of the week. If it can Hold above $47 overall move is back to $55. Under 46.50 i can see next bounce around 44 and possibly fill that gap...
Strong upward trend on DKNG with a possible return of 40%.
NEXT PT are as following 43.80 51.75 64.51 Broke out of 38.45 Res. line and tested nicely! With Money Flow coming in and Accm. is happening while RSI is super low Next TGT is 43.13 Rising LT Support line that turned Res. Lets take it back as im sure the Masters + New Election of 3 news states trying to approve + NBA coming back before the new year = More...
Daily DKNG looks like an amazing long term buy. jump in some leaps. 110 by March 2021!
Investors are beginning to get spooked out of their shares due to multiple factors: COVID-19 Positive Test Results in the NFL and PIPE Shares officially becoming unlocked. Shareholders are forgetting the Major Supporting Catalysts to this company: -Exclusive Deal with ESPN/Disney -Becoming an exclusive partner to multiple Professional Sports Teams and Leagues...
DKNG long entry on the break of the falling wedge structure. Daily time frame printed a bullish hammer candle on the 100 moving average which is also confluent with a previous support level and .707 Fibonacci retracement level. Stop Loss: Daily close below 40.43 Target 1: 40.36 Target 2: 52.13 Target 3: 56.78 (gap fill)
DKNG holding above support good price here to add for long term portfolio. At the bottom of my channel with lots of upside room for it to run up. Keep in mind if any sports(NFL, MLB, etc.) were to cancel there season it will drop, but sports betting will always be around! Shares long term and 2022-2023 exp leaps will print for options.
My Updated Buy Zone and Targets for $DKNG (Not financial advice)
Here, the $DKNG 2 hour chart is forming a falling wedge. This is a very bullish trend so the wedge has a high change of going up once broken. Blue Arrow: If the candles break the resistance of the falling wedge, enter your position there. (This is also the safest buying point). White Arrow: If you enter your position at the blue arrow, this will be a great...