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DKNG

$DKNG could popEvery time the upper AND lower bands in orange of the Bollinger pass within the Keltner Channel, there is a significant move. The direction is always unknown, but it's an excellent indicator of when a stock is coiled for a big move. The last few upper and lower band breaches resulted in big downwards moves. This most recent cross of both bands of the Bollinger into the Keltner Channel signifies another big move, but I think this time, the direction is up. It's already been slaughtered and I highly doubt it can get beat up more than it's already been beaten up. Side note: There was lots of unusual activity in the 15C expiring this Friday for $DKNG. Large purchase implying a big move by the end of the week. They also have the Stanley Cup and NBA finals going on right now so the bets should be flowing making for a could quarter (I believe they report in August).
NASDAQ:DKNGLong
by EBITDAtiger
2
DRAFT KINGS - BULLISH SCENARIOA new bullish impulse is coming for DraftKings after Monday's breakout of the local resistance level. More than 50% profit potential and a price target of $24-$25. It seems like a hot deal with an excellent risk-reward ratio Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:DKNGLong
by legacyFXofficial
DKNG (ABC corrective wave to finish?) Looks like we located a potential market anomaly on the daily timeframe . Price is in a range and could breakout. However, this also looks like an "abc" corrective or potential impulsive wave. The anomaly was located near the wave B extension where wave A originally started ( bearish candle, bullish volume ). If price passes the start of wave A before the bearish move, there could be signs of a breakout to the upside. Looking for price to test the low or surpass the low of wave B between 100% to 161% (if impulsive). The RSI and MACD are both matching the top side. Happy trading! Not advice. Only an idea.
NASDAQ:DKNGShort
by Redimere_91
DraftKings (NASDAQ: $DKNG) Breakout Likely Into March Madness!🏀DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily fantasy sports, sports betting, and iGaming opportunities, as well as media and other online consumer products. It is also involved in the design, development, and licensing of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. In addition, the company offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated initial non-fungible token drops; and advertising and sponsorship services. It distributes through various channels, including traditional websites and direct app downloads, as well as direct-to-consumer digital platforms, such as the Apple App store and the Google Play store. DraftKings Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.
NASDAQ:DKNGLong
by RedHotStocks