Bullish on DKNG
(This is not financial advice)
Hey everyone play on DKNG again here. Bullish on this stock for a few main reasons. I think this stock is very oversold along with many other stocks that have dipped during earnings.
My main reasons for liking this play on this stock are as follows:
- Dipped even after good earnings and great growth in sports betting
- Oversold on RSI
- Great Social Sentiment on the Stock
- Good amount of volume moving in
- 1.2 Risk vs Reward
Not much TA really backing the trade laid out some good supports and resistance for taking profits. Let me know what you guys think with a like or comment. Be sure to follow as well.
Thank you!
- Vlaire
Hey everyone play on DKNG again here. Bullish on this stock for a few main reasons. I think this stock is very oversold along with many other stocks that have dipped during earnings.
My main reasons for liking this play on this stock are as follows:
- Dipped even after good earnings and great growth in sports betting
- Oversold on RSI
- Great Social Sentiment on the Stock
- Good amount of volume moving in
- 1.2 Risk vs Reward
Not much TA really backing the trade laid out some good supports and resistance for taking profits. Let me know what you guys think with a like or comment. Be sure to follow as well.
Thank you!
- Vlaire
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