DKNG1 trade ideas
DKNGBullish engulfing at support. Feels strong. Looking for follow through tomorrow. An upgrade in the morning would help.
Bullish engulfing off 20smaentered calls today, this looks great for a move higher, looking for a move up to start of gap fill
Cup n' Handle Daily ChartDraft kings long here..target 57$ good volume today and RSI ticking upwards
Cup and handle daily target 57$good volume today on draftkings RSI trending up and technical cup and handle pattern has been formed i see short term upside
$DKNG Draftkings Bullish Reversal
Targets $53.50 - $55.80
bullish cross above the 7ma
Volume spike today
$DKNG potential pull backRisk is not justified.
Fundamentals not supporting the upside.
Pull-back possible to retest 45 support level (trend-based fib 50% level); if broken downward target to 38-35.
If confirms the breakout from the forming bull-flag, potential target to 56, then 61.
Then double-top setting to be tested.
Would be interested in your thoughts.
The analysis is for discussion only.
Draftkings breaking out!!Noticed on Draftkings NASDAQ:DKNG chart that its breaking out from its lower trend!
The stock has been muted lately but with refreshed demand for betting and the deal closed with a Native American org,
Draftkings on the move!
Just got in some weekly $50 calls here, i expect a run to $55 which would be my new exit point!
Good luck to all that enter calls!
Notice the spike on the RSI & MACD??
Love to see it!!
$DKNG what bullish setup can be better than this?$DKNG 1) Hammer candle (bullish reversal) at 50 SMA, 2) Stochastic turning up from the oversold zone
Bearish Crab setup (bullish to $82)Price is right around the 38% retracement (min requirement for C) If we bottom here, over B = X and over X = 1.618 ($82)
$DKNG Pulling Back to Move HigherDraftKings has been on the decline as of late but I believe it is getting ready to reverse. Many are suggesting athletes receive the vaccine to influence public opinion in a favorable way. This is would be huge because if the vaccine works there will be less cancelations and more people getting back to "normal" life.
My 2-3 week price targets are $48.50, $49.50, and $50.65
My 2-3 month price targets are $52.20, $54.00, and $60.00
DKNG Target 55-60$DKNG (Draftking) seems to be taking a good support towards the 50 MA. Good place to long with a stop loss around 10% below
DKNG getting ready for a big move DKNG loves to consolidate for some time and rally the next week so im expecting a big move some time this week or next week at the latest, support is at 47 under that dkng can drop fast. If it holds above 47 the way its been this past week we can see an overall move to retest resistance at 54-55 and go for that gap fill. Breakout of this handle and we could see dkng back at ath!
PT 58
