Pullback to demand zone to Long.Shared DKNG last week, check my profile.
Price pull back to demand zone.
Waiting for entry signal to long into this country.
Monitor closely.
DKNG
DKNG - Something Else From Me...Levels on watch... Currently lacking strength.
Count invalidated when the line breaks.
DKNG Long DKNG Wave 5 we profited as per my previous post and now abc correction also coming to an end. Another long entry emerging for new wave 1 around 42-45. If this support holds one can easily ride this till the end to wave 5. I have an entry order waiting to hit. Hopefully tomorrow. Just an opinion. This post is for educational purpose only. Please do your own homework before buying or selling any financial assets.
DKNG tap support and filled gap downDKNG scaling in for some contracts to swing for next week, tap my support zone and resistance down trend line is now valid support line
DKNG dip buy DKNG strong support around 48.60 perfect bounce off that support zone. We could see a reversal to retest ATH. Start scaling in some calls (small) now waiting for that breakout of that downtrend resistance line.
PT $55 by next week 53$ by this week
looking to get in $55 C 10/23 at 1.70, will scale in more every dip unless more covid cases come out and bad news comes out on dkng
Decent pullback after breakout. Bias to longAfter a decent pullback, DKNG looking to long in the circle area.
DKNG BEAR CENTRALBear flags everywhere on DKNG! making its way back down to my support zone at $48.64 if we break that expecting to see a bounce off my .618 at $46.24
DKNG support DKNG could take off from here big time, if the support is broken from here next support is coming at $42ish.
This is not a recommendation
DKNG ReversalAfter a gap down, the breadth of NASDAQ:DKNG might have changed. There was a broad trend channel forming since Sep 11 which might be broken with a low close today. If DKNG closes below 52.88, it will likely retrace to 49.68. If its channel holds DKNG could fill the gap formed on the 7th and continue in its sharp channel upward.
DKNG PUTS look nice herefailed to break resistance making its way back down, we could see a movement down to 48$, theres a gap at 50-51 as well! PUTS will PRINT
The power of a secondary offering $DKNGJust writing a blog about secondary offerings and wanted to illustrate what often happens when they are announced.
DKNG looking to bleed moreI posted this chart with the bull flag a week ago, we broke out hit my take profit zone around 65 and making our way back down. Could see a move down to 46.20 (.618) and then you could start scaling in for calls i would set stop loss at 43.60. If we break below 43.60 overall move would be back down to $36 support zone. Im seeing a potential head and shoulder so my theory is we can ride that right shoulder up and bears will bring it back down. We filled that gap at 53$ and making our way down to fill the gap at 51$ this is good for us bulls now we just worry about filling that gap up now!
DKNG update broke out the bear flag and back at my .618 could be reversal here or we could see more blood
DKNG how long can we be green? Pullback neededDKNG Daily timeframe... Could we see a pull back this week due to the recent covid cases being confirmed in the NFL or could we continue this rally. I can see a rising wedge here and waiting for the breakout down to my support zone at $55.
DKNG can go PARABOLIC... $67 today DKNG broke out of this ascending triangle pre market so we will be up massive at market open! GOOD NEWS is coming out for DKNG everyday that beats out that COVID news with the Titans and Steelers situation. PT 67 by the EOD! Looks like we will wont be filling those gaps down anytime soon!
DKNG Pull back! DKNG 15 MIN
DKNG forming a head and shoulders looking to bleed more! News came out that several NFL players have already tested positive but I don't see it stopping DKNG that much or NFL in general, but I'm still waiting for DKNG to pull back to 51 (.618 retrace on the daily) to start scaling in for some monthly swings. Keep in mind we have a gap down at 53 and 50 could we fill those gaps this week? Possibly. Will post daily chart to see clear outlook and direction.
DKNG Red Tomorrow?DKNG at new Highs could we surge more or see a pull back tomorrow I am still waiting for that Pull back closer to 46.24
DKNG bull flagDKNG broke out of Daily Bull Flag, creating another bull flag on the 15 min could we see more movement up?
