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.
All eyes on DKNG to break the downtrend. Is $15 to bottom for DKNG or will it go lower? Or is this an easy 25% play?
DraftKings - DKNG - Is at our first critical target. Will it break the downtrend line and get above the moving average resistance? Or will it consolidate in the golden fib zone? Edutainment Purposes Only.
Draft king is a fairly new player on the market through a SPAC merger with Diamond Eagle acquisition corp, and it's an American sport betting operator and it even allows users to make bets on players' performances in all major sports. In the list of investors, we can find names like the legendary Michal Jordan who is acting as a board advisor for the company as...
Still overall bullish. Leaning towards another low/double bottom right now
Outlook looks bullish. Has a nice impulse off of correction from previous large 5 wave move. Good potential
Draft 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...
After 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...