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FUBO - Did We Miss it Premarket? Should DKNG Be Worried?FUBO - Did We Miss it Premarket? Possible gap fill to 32? Entry = 23 - 28 1st Target = .236@32 2nd target = .382@38 3rd target = .5@42 HODL Target = +53 ______________________________________________________________________________________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
NYSE:FUBOLong
by UnknownUnicorn7216011
2
DKNG back to ATH again? DKNG if it can hold above 52.50 I'm looking at 57 short term and an overall move to retest to ATH. Last time we were at 63.91 we took a big hit due to pandemic pressure. Couple catalyst to keep this pushing, Super Bowl, NBA, March Madness, on top of states pushing to allow mobile betting. Wouldn't hurt to add here for a long term hold on option contracts that exp 2023 and shares. DKNG can easily become a 100$ stock in the next couple years. Key Levels Resistance / Support 53.48 50 55.68 48.02 59.40. 46.50
NASDAQ:DKNG
by jUiCE_Trades
4
Long #UAA into 17.35 on confirmationCurrently trading between a couple past support lines. Currently riding on a new support after bouncing off the the lighter trend into the top resistance line. Looking for a break above the diagonal weve been trading down since last week for confirmation. Id expect resistance once at the 17.35 area, before a squeeze at the second retest. If we trail below our current trand and out of the older trading zone in orange, i would look to the lighter trend line to hold us up before stopping out below it if we lose support at 15.48 Id be a buyer with support above 13.94 with confirmation that the lowermost support line holds up. If that happens, id watch 15.48 region as we climb for a squeeze up somewhere in my stop out region
NYSE:UAALong
by TradingNomadic
Draftkings Long DKNG pushed up to as high as 65 after the restart of sports, but with the recent public offering of shares, DKNG had a huge drop in pricing. I believe that DKNG is a great company to hold for the future, and this presented a potential great buying opportunity. DKNG helped the trend line dating back to April. Though this is not too long of a historical trend, in my opinion this is still significant given that DKNG is still relatively new. We saw the reversal on November 2nd off that trend line, which gives me suspicion that DKNG can continue climbing back to the 50’s. We also have good momentum leading up on the MACD. I’m looking to add more DKNG if we can reach 41.79 or 39.70 (possible downside) to average down on my shares. There is a chance we see a bit more downside before DKNG is primed. At the close of Friday’s session (11/13), the price action fell in the volume shelf where the majority of this stock has traded in the last year. I’m looking at 45.50 and 47.42 as possible levels of resistance. There is a good chance DKNG will run up to 55’s if it can break these levels. The main catalyst I’m looking at is the restart of the NBA in December and the days leading up to the NFL playoffs. This is a good opportunity as a long term hold based on the potential of the next earnings season.
NASDAQ:DKNGLong
by itsmiguelsol
A currency that lets you influence you sports team decisionsThe world’s leading blockchain fintech provider for sports & entertainment Bridging consumers and sports brands through currency to elevate everyday experiences in entertainment, rewards, pre-sales etc. Socios.com allows every club that joins to generate a supply of fan tokens. This enables fans to vote on club matters such as jersey design,charities,Meet and greets and exclusive content. The AR feature allows tokens to be collected from anywhere in the world (kinda like Pokemon Go) - Fan tokens have a launch price but their value going forward in $CHZ is completely in the hands of market forces( Fan demand) - For example, FCB has as a total supply of 40,000,000 $BAR which is traded against $CHZ. - UFC : All fan token holders will be able to access UFC related offers and rewards, including tickets to UFC events or pre-sales access to tickets through this partnership - As a sports fan, the opportunity to engage with your idols is a very innovative concept. Great concept but as with everything, market will decide the success. - How does $CHZ get their value? Well, you can't get fan tokens without initially having $CHZ. So the more partners Chilliz sign up with, the greater the opportunity to expand - Burning mechanism : 20% of net trading fees from exchange will be burnt, 20% of net proceeds from NFT's will be burnt and 10% of net proceeds from Fan token offerings(FTO's) will be burnt Concerns, 1. Centralised for now but transparent transactions 2. Team holds a large share of tokens and could dump them on the market and reduce price but why would they? 3. Only 4.4Bn in circulation out of 8.8Bn. Future supply can have a downward pressure on price(inflation!). 20% in 2020 unlocked and 12% unlocked in 2021. 4. App has bugs (3.6/5 ratings) 5. Dilemma for fans. What if the coin 10X's and they value the coin more than their ability to vote on matters? 6. More teams, more chances of team dumping 7. Rank #98 crypto projects TA, - Long term trend in tact - Reduced volatility FA, - Partnerships with FC Barcelona, UFC, AS Roma, Juventus and PSG - network effects + First mover + Free marketing - Recent moves in sports betting stocks such as PENN, DKNG and PBH - Over 100k users. Brings in people from outside crypto. This is good for crypto overall. - Not talked about much -Strong management team - backed by esports celebrities such as Anomaly(2m+ subs) - Huge TAM for eSports - Growth in eSports, Poker, Twitch,Chess, Baseball, basketball, hockey and cricket. Small position size.
Long
by ashainp
$CLCT A Super-Beneficiary of the COVID era: MEGA-LONG!$CLCT is the company in charge of PSA grading services and other sports memorabilia authentication. Throughout COVID, the card market has done nothing but skyrocket. There is plenty of reason to thank stimulus checks, ample free time, and ample boredom: To drive impulse spending of the last $1200, some of which people put entirely into the "card hobby." Resulting from this, PSA auth services are BACKLOGGED, and it is trying to hire new authenticators... B/C THE DEMAND, now GREATLY EXCEEDS, the supply (of graders, in this case). Collectors Universe should be a VERY STRONG LONG, and until the mania subsides in sports collectibles (**IF** it does, that is)...this stock is shaping up to be one of the major players in an alternative investment play of many (cards). The sharp rise through COVID is now taking a turn sharper-still towards an uptick. It suggests there could be a parabolic gain by CLCT in the near future. The market on cards is only getting stronger, and many warn of a bubble. But that bubble also is one that might pop in the *very* distant future. It has been ramping up with many other alternative investors (sneaker hawks in this case) moving in to capitalize on secondary market sales of retail products (by Panini, Topps, etc). Some retail products sell easily marked up over 400 to 500 percent, and anyone who leaves THAT on the shelf just does not like money! The fact it is now breaking out of a long-established channel to rise even higher is nothing but a great sign, and today's sideways action is leaving a golden entry for those who want in on this long... LONG CLCT, and good luck! -BDR
CLong
by BDRTrigger33
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.
NASDAQ:DKNG
by jUiCE_Trades