DKNG DraftKings bouncing off support today just under $42, forming a possible bullish hammer on the daily chart.Bullish near term options activity today with $1.4M of $43 strike (ITM) calls expiring this week traded (30x open interest)
Near term target: $55-$57 range by mid-November
Note: This is NOT investment advice.
Note
It's worth noting, for the second week in a row FanDuel experienced issues with stats updating in real time angering many users. Bullish for DraftKings in my opinion.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.