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D2KN34 trade ideas

Potential Breakout coming soon for DKNGDKNG is in a nice megaphone pattern since the beginning of 2021, recently we have been making higher lows and consolidating in the 67-72 range. If we can maintain this consolidation i think we could see a breakout to the top of the megaphone PT 79 with a high PT of 81. The trade that i have outlined has a risk to reward of 5.4 and a stop loss on the break of the green support zone that would signify a probable drop to the bottom of the megaphone.
NASDAQ:DKNGLong
by SigCharts
Draftking Ascending TriangleMarch madness + New price upgrades has pushed this stock over 20% this month so far Resistance is around the 72-74$ area. I'd consider a pattern breakout and entry over 74$. White lines are overall range it's been trading in. Yellow line is recent support area trendline that compliments the Ascending pattern but even that trendline doesn't hold and it falls back to the mid 60$ range you can still see the pattern with the white lines. Greenlines are targets fibonacci
NASDAQ:DKNGLong
by ContraryTrader
5
Cup and HandleI am gonna hang with the pattern for now. Call me crazy (o: Testing support for sure. The market mood seems off kilter for stocks such as this one. A throwback occurred last time it broke long entry level. This one does not seem to swing too low. I feel it will make it's mark, just a matter of when (O: Patience and trade management can save us (o" No recommendation Smart money bought this at 17 to 38. They will most likely let it ride unless their position is threatened. I can tell where they bought by looking at negative volume. We are positive volume. Negative volume is volume on down days. Positive volume is virtually volume of up days. No recommendation Throwbacks can hurt performance, Try hard to look at a chart objectively. Hear what the candles are telling you..see what the support and resistance are doing. Sometimes we see what we want to see and not what is actually there (o: A chart is a mere xray of supply and demand No rising wedges in the yearly chart. Keep an eye of RSI and the candles. Important to know your candles, like hammer, shooting star, dojis, engulfing. Long Legged dogi with a long wick pointiong down can show important support levels. That tall tail reached down and stops abruptly. "OUCH BABE" and she holds (o:
NASDAQ:DKNGLong
by lauralea
10
betting on herd-bettingThe name is catchy, the model is highly addictive, activity is becoming more widespread legal, odds are hella better than lotto, the social aspects of getting friends together on the same platform, so customer/money retention will remain high once they got you onboard. A lot of money will get torched here in the coming years including $1400 stimulus handouts as early as next week. buying stock on dips, long dated calls BULLISH $DKNG
NASDAQ:DKNGLong
by UnknownUnicorn15571923
2