DKNG back to ATH! PT 61DKNG lost some steam on Friday with sports betting being restricted in Ohio, However stimulus news was passed through Congress and the NBA is starting up Tuesday. Clean break over 55.40 and hold I can see a move to 61 this week. If you missed that rally I would look for an entry closer to that trend line near 52.
My Plan:
55C 12/31, 60C 12/31 (cheaper)
Lotto: 60C 12/24
Key Levels to watch
Support: 52.17, 50.02
Resistance: 55.40, 58.37
Dkngbuy
DKNG time to boom! DKNG has been consolidating for about 2 weeks now, gave it a shot last week but with market sentiment being very uncertain now we have some certainty restored. Vaccines have been approved which is great for sports so we should see DKNG get a nice boost. Now we just need positive stimulus news and market will pump.
resistance: 50.91, 52, 53.71, 54.83
support: 49.06, 47.70, 47
My plan:
safe: 50C, 55C (12/24 - 1/15)
lotto: 55C, 60C (12/18) (high oi and vol with these contracts)
*keep in mind lottos are very high risk, set stop loss or let it ride out and secure profits whenever you want!