With another year of increased Revenues DraftKings is poised to see higher gains. " In August, DraftKings took the U.S. online gambling lead, according to a new study by prominent research entity Eilers & Krejcik Gaming, capturing 31% of overall gross gaming revenue compared to FanDuel’s 30%. " - frontofficesports.com
As it has finished wave (B) in red, Electronic Arts should take the plunge and jump below the support at $108.53 to dive into the green zone between $119.33 and $113.17. There, the share should complete wave (C) in red as well as wave 2 in green before turning upwards again. However, Electronic Arts might also decide to develop a new top of wave alt.1 in green...
The leisure gaming group, as a whole, is setting up in a textbook breakout pattern. Group moves like this can be powerful. The combination of a group move and a similar pattern from an individual stock within that group can lead to a strong advance higher. DraftKings is breaking out of a clean base in the beginning of a new Stage 2 uptrend. If you look at a...
Hi guys. Ideas on this post are my own opinions and for educational purposes as i try to express my thoughts. This is by no means financial advise, as i am NOT a financial advisor. Lets jump in. So this is an update on the Daily timeframe. I am still long unless proven otherwise. Infact the Daily is more powerful than the 12hr and 8 hr. We are curretly below...
Doublle top pattern breakout on 3D timeframe on theta chart. Right now is retesting the neckline, exelent opportunity to go short. If bitcoin goes down this is for sure going to happen.
Facebook’s transition into Meta Platforms (NASDAQ:FB) and Mark Zuckerberg’s big push into the metaverse — the concept of a shared 3D virtual platform where people can socialize, work, and play — spurred a sector-wide move by tech companies to branch out into other areas like gaming. The burgeoning gaming industry has transformed into a $198.4 billion sector in...
Veracity is a Protocol and Product Layer Platform for Esports and Video Entertainment. It is a long-term investment that I have been monitoring for a long, lengthy time. I am certain that Esports will flourish in the future years. In addition to the entire gaming industry. However, the market has skyrocketed, and care must be taken not to buy in at the top, so...
Sand either printing a head and shoulders, potential to dip hard. Also printing a parallel triangle. Waiting for confirmation to break either support or resistance. Crypto gamings are hot, so we can be optimistic.
Looks like a double bottom to me. All Chinese stocks are going to bounce eventually. Isn't this one a Chinese Twitch and China is one of the largest video and gaming streaming markets in the world? Seems like a buy and hold to me.
Trying to break through MA several times. Daily time fram MACD looking like it wants to cross as well.
RBLX Daily TF Roblox on discount, as price continues to drop due to a decline in active users. After a massive rally to ATH its only right we see a pullback before the rocket takes off again. Has a bit more room for a golden retracement to .618 level (76.96). Wouldn't jump the gun on calls just yet unless downtrend is broken which signals reversal or we get a...
1D TF Analysis Well respected Ascending Channel Printing Higher Highs and Higher lows with a new ATH Printed on the 2 June I would like to see a back test of the $590/$600 * 0.618 Fib region before continuation to the upside targeting the 1-1 Fib Extension for a 25% move which sits at the middle of the channel and the 1.618 at the top of the channel...
I am Familiar with this company as all my children play or use some game on the Roblox Network . Upon having to submit my debit card info to the kids to top up on some power they need in game or to reach a new level I can say that Roblox have captured there market very well .The Kids to Play and the Adults to Pay . With better than expected results on the...
My advisor MarketMiracle generates a LONG signal for ticker RSI The title has been sold for months and this could be the first small step towards a very consistent ascent. For the moment we are content with a target price of 13.10 USD but I am sure that soon will come some new signals. The graph seems consistent with the forecast This idea is based on a...
My ideas are included in the chart. I don't think the technicals of this are very encouraging, nor is the fact that insiders can soon sell. But I do believe the fundamentals of this stock are solid. My basic thesis is that given future prospects, this is significantly undervalued; something difficult to find in our current tech environment. Let me know your...
CRSR has a great long-term potential in the gaming industry, which probably would get even bigger in the following years. It sits at a very good risk/reward for long-term play, especially after the recent pullback. Couple of points to consider for swing trade: 1- It is sitting at VPOC on the 4h chart. 2- Following its uptrend in pitchfork 3- Has strong...
GameStop Soars With Activist Ryan Cohen Gaining Board Seats GameStop Corp. jumped after activist investor Ryan Cohen stepped up his transformation efforts at the struggling video-game retailer, gaining a seat on the company’s board along with two allies. Cohen’s RC Ventures -- GameStop’s second-largest shareholder, with a 13% stake -- has been pressing the...