DKNGIf the VIX 1hr trend keeps the sell signal, then expect this 1hr trend to hold. Adding niblets here for a low risk entry. Longby lightningfreek1
DKNG | Back to $10Seeing how price action is weakening over time I could say that bears are looking to take over Would like to see buyers pushup to local resistance to only selloff once again as we head towards $30 in which we will see a pullback trigger occur. When the time is right we'll asses price action again to see if we get a straight drop or a full retracement back to ~40.Shortby Nathanl19220
$DKNG makes a Peg gap and pulls back into great support buy area🚨 NASDAQ:DKNG Just Formed a Perfect Peg Gap—Is This the Buy Zone? DraftKings ( NASDAQ:DKNG ) just made a Peg gap and is now pulling back into a strong support zone—creating what could be a prime buying opportunity for sharp-eyed traders. 👀 Here’s what’s setting up: ✅ Peg Gap Formation: A bullish signal indicating momentum is still in play. ✅ Pullback to Key Support: Price is settling into a high-confluence buy area. ✅ Potential Bounce Setup: Risk/reward looks 🔥 for a move higher. Why does this matter? Because when stocks pull back into solid support after a breakout gap, it often sets up the next leg higher. With sports betting continuing to grow and NASDAQ:DKNG maintaining bullish fundamentals, this could be the perfect moment to jump in before the next rally. 🎯 Watch for confirmation near support—this could move fast. 🚀Longby RB_T2
DKNG LOTTO CALLSEarnings AH, earnings good then $59 soon. LOTTO. Breakout. and BoS with good accumulation volume.Longby SPYDERMARKET113
DKNG DraftKings Options Ahead of EarningsIf you haven`t bought DKNG before the previuos earnings: Now analyzing the options chain and the chart patterns of DKNG DraftKings prior to the earnings report this week, I would consider purchasing the 45usd strike price Calls with an expiration date of 2025-2-14, for a premium of approximately $2.24. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptions3
$DKNG DraftKings Double Fib GP testSuper reversal off the Channel Two Golden Pockets now in play as resistance, In confluence with the VAH On breakout/rejection watch today . $42.40 Key by xclusivetradingeuropeUpdated 996
DKNG: A Time to BuyGoing into the superbowl DKNG rallies historically. We saw a big pullback yesterday due to headline out of Maryland, this same thing happened in 2021 with New York. It rebounded. I still like this name long. I've attached the stats in a google sheet below for all those interested: docs.google.comLongby the_mason_4
DKNG Macro ChartDraftKings is trading inside of a large wedge pattern. Keep a close eye for a breakout. Inside of the wedge are minor trend lines that price has reacted to. No major significance but good for price action tracking.by DrDrey114
DraftKings Cup Of Tea On the 3W timeframe we can identify a beautiful cup and handle pattern on the DraftKing Stock . With support of various key oscillators and a clear handle breakout we favor a bullish move to the $80 region in the weeks to come !Longby HernandezCapitalUpdated 338
$DKNG : Is the reversal near?NASDAQ:DKNG hit the second target and has since pulled back. It is currently sitting on the combined support of the 50DMA, 200DMA, and VWAP. With the golden cross momentum, I think it could bounce from here. If it fails, I believe the worst-case scenario is a checkback to the trendline and lower VWAP support around $38 to $37. I am long. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.by PaperBozz2
Draftkings - Set for All Time Highs Bid! 68% Move Inbound!Chart #34/ 40: NASDAQ:DKNG 💰🏈 -Bull Flag Breakout with Successful Retest -H5 Indicator is Green -Williams Consolidation Box needs to form support -AVP not the greatest 🎯$50📏$74⏳ Before 2027 NFALongby RonnieV29449
Wait for pull backWait for pull back to add shares if interested. Company is leading sport betting with strong technical short term to long term. Can be a big winner if patient. Add shares slowly and hold long term. Longby Cloudoptic0
$dkngi will try to short this stock, like the resistent and fib lvl here, maybe a negativ divigens?Shortby zhutzy2_0330
DKNG DraftKings Options Ahead of EarningsIf you haven`t bought DKNG before the rally: Now analyzing the options chain and the chart patterns of DKNG DraftKings prior to the earnings report this week, I would consider purchasing the 40usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $1.94. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 5
Support 1st and then break through resistance Looks like DKNG will find support 1st at about $35.15 and then it will probably test resistance at about $39.24. Earning is in 8 days and I believe positive earnings will push it past $39.24 to $42 to $45 range.Longby MoneyFishingUpdated 226
$DKNG Short-term Bullish, Daily TimeframeHey what's up ya'll! I hope you guys are doing well. There are many companies that are reporting earnings this week ( NASDAQ:DKNG is reporting next week Thursday, Nov 7). I'm still debating whether or not to hold contract passed earnings since it may cause a drop and I would rather exit then to hold. If I'm up at least 15% on the contract I'll put a trailing stop loss. Contract purchased: - 17 JAN 25 40c (down -5%) Entry Price: - $37.22 @ 3:34pm Rationale for contract: - Price appears to have hit a support around $36 (previous resistance) - Price hit the all-time 0.618 bullish Fibonacci - MACD curling up; blue line approaching the orange line that indicates bullishness - RSI @ 46; near the medium line of 50 Conclusion: If price goes below the previous weekly low at $36, I'll cut. If price hits $41 before earnings, I'll sell or put a 5% trailing stop loss.Longby BrandonthrivesUpdated 3
$DKNG Looks attractive!NASDAQ:DKNG looks attractive. It broke out of the wedge and is now checking back to the trendline. The ideal buy area would be around POC support. On the longer-term time frame, it is forming a cup and handle ☕️ with a measured move of $70 to $83. I hope to start a position soon. As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.Longby PaperBozz5
My Watchlist: DKNGDKNG, I have a green setup signal(dot Indictor). It has an excellent risk-to-reward ratio. I'm looking to enter long near the close of the day if the stock can manage to CLOSE above the last candle highs(white line). If triggered, I will then place a stop-loss below(red line) and a price target above it(green line). by StockHunter886
DKNG from $41.70 to $36.50MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price nearing top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM spiked positive Price at near Fibonacci level of $42.14 In at $41.70 Target is $36.50 or channel bottomShortby chancethepugUpdated 442
DraftKings possible doube H&SLarger Head and Sholder formed with possible rejection at both 100 MA Daily and 50 MA Weekly resistance.by hubacekp225
$DKNG - bet on the KingNASDAQ:DKNG chart looks like it is getting ready to rocket. Closed the daily on a bullish hammer after being in the red almost all day. Closed above the 21EMA, $0.10 away from the 9EMA, and looking to tag the 50EMA next week. Anchored VWAP shows we bounced nicely off the 1 standard deviation. Sell target would be when we hit the 2 standard deviation which this has done multiple times and rejected (i.e. purple bands). Improving fundamentals coupled with recent acquisitions and this is ready to move higher. Based on fib extensions and resistance lines I would like to sell a portion of the position around $42.66 and $45.41. Not out of the realm of us hitting these targets within the next 6 months given sports betting season is upon us. Longby jhuey2352
DKNG DraftKings Options Ahead of EarningsIf you haven`t bought DKNG before the previous earnings: Now analyzing the options chain and the chart patterns of DKNG DraftKings prior to the earnings report this week, I would consider purchasing the 36usd strike price Puts with an expiration date of 2024-8-2, for a premium of approximately $1.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Shortby TopgOptionsUpdated 2