DraftKings Inc.Long
DKNG split chart 4hr and Weekly
Bullish. Let me just lead with that. I've played numerous calls over the last few months. Huge fan of the stock, the chart, and the company.
So of course I am back ready for more calls.DKNG follows 
PENN a lot don't forget that.
Right now I am watching:
jAN 22 $55 WEEKLY CALL
FEB 19 $60 CALL
Most of my target calls I will not even think about until Thursday or Friday.
On the top chart, the 4 hour, top resistance setting it at the $55.19. Bottom support should be around the low $44 area.
The moving averages are packed very tightly - they appear to have flattened out and are trying to turn sideways.
Bottom chart, I went with the weekly, because I wanted to show the volume trend over the life of the stock. Notice the peaks between Sept-Nov an the gradual cool down since then. Would like to see some of that range come back.
DKNG.
So of course I am back ready for more calls.
DKNG follows PENN a lot don't forget that.Right now I am watching:
jAN 22 $55 WEEKLY CALL
FEB 19 $60 CALL
Most of my target calls I will not even think about until Thursday or Friday.
On the top chart, the 4 hour, top resistance setting it at the $55.19. Bottom support should be around the low $44 area.
The moving averages are packed very tightly - they appear to have flattened out and are trying to turn sideways.
Bottom chart, I went with the weekly, because I wanted to show the volume trend over the life of the stock. Notice the peaks between Sept-Nov an the gradual cool down since then. Would like to see some of that range come back.
DKNG.
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