Products
Community
Markets
News
Brokers
More

Markets
Brazil
Stocks
Consumer Services
Movies/Entertainment
D2KN34
Ideas

DRAFTKINGS DRN

No trades

See on Supercharts

Overview Financials News

Ideas

Discussions Technicals Seasonals Bonds

D2KN34 trade ideas

Channel Down This landed at C, so it could be called ABC Bullish but there is a resistance line from the channel down. Entry long with a clean break of this line, otherwise this will bounce back to lower trendline of the channel, or further if the support line does not hold. EARNINGS 11-4 BMO. Short interest is around 9%. Possible stop below C if long. No recommendation.

by lauralea

Updated

multiple trend supports here 🥶 watching closely good chance we start to bounce here, above 14.87 we climb back above resistance zone and may see a breakout past trend resistance. 🔭

Long

by Vibranium_Capital

DKNG (POTENTIAL BUY LEVEL) ***BULLISH SENTIMENT This just my basic MONTHLY charting. I have marked what I see as the POSSIBLE bottom (support). I see overall DOWNTREND with a possible reversal. I have marked my potential BUY LEVEL for LONG/CALLS.

Long

by Empoweryourmind

dkng bull flag Looking through some charts and noticed a bull flag forming in DKNG. Provided the overall market doesn't implode over the next couple days, I'm thinking it fights its way back up into the 16s not expecting it to break out of the flag formation but definitely possible/likely to test the top of the channel imo. Nice volume gap from here all the way up to the 16s area doesn't provide a ton of resistance. One issue I am seeing is the IV on the options contracts is very high. No position currently but will keep on watch and look to play it if the set-up stays the same. Not financial advice!

Long

by EZmoney24

DKNG daily bearish hammer at Fibonacci 50% retracement wave 3 Sell Stop 15.84 LMT 15.84 GTC Buy Limit 11.82 GTC Buy Stop 18.11 GTC DKNG daily bearish hammer at Fibonacci 50% retracement wave 3 downtrend take profit to fib extension 1. Stop loss above fibonacci retracement 68%

Short

by MishaSuvorov

Updated

Looking at Fibonacci Not financial advice We are long DKNG Sports betting is the culture now

Long

by jdotw

Business cycle play - SHORT DKNG, recession incoming!This is a pretty basic business cycle play, folks gamble less when we're in a recession. That combined with DKNG's spending, will have their balance sheets really contracting moving forward. I think over the next year, we could easily see this stock under $10.00 Obviously keep your eye on this as well when the economy begins to recover!

Short

by ThomasTuanNguyen

DKNG PLAY (WEEK OF 9/26)Sitting at demand zone of this flag. Watching calls above $16 for a move up to $17.13 resistance. Watching puts below $14.5 for a move down to lower demand zone of $11.14.

by biscaynebuckets

DKNG Demand Zone + Strength Company : DraftKings has been showing Extreme Relative Strength after a nearly 100% move from its June Low to Recent Bear Market Highs. This Relative Strength is not from nowhere and definitely, can be attached to DraftKings leadership in the Sports Betting & Gambling industry. DraftKings has opened up huge money-generating partnerships with NFL, and other large organizations. These agreements and contracts only have pushed DraftKings Higher. While the Market has continued to drift lower these past weeks, DraftKings has been taking a necessary hit from its large run-up. DKNG is entering a Major Demand Zone Dating back to the IPO days. Technicals are showing a very large demand zone from the near $15 level towards the $10 level. With this heavy support area, we may see heavy consolidation for a time being, and a Strong appearance of Buyers. This is a strong thing to note out, as this could be a strong Long-Term Aquiring location for many Investors to pick up in this Bear-Market.

by ZachSap

$DKNG bullish gartley LFG!!!!$DKNG bullish gartley LFG!!!! This is setting up nicely

Long

by ajoenamedjoe

DKNG headed for $25 Here's an update on $DKNG. $25 is the current target. Won't go into any details as the move is very straight forward.

Long

by MoneyForNothingAndPipsForFree

Draftkings $50 here we come Draftkings has reached it's previous cycle low May 2022 and formed wave 2 of a supercycle. Smart money has been buying relentlessly, although I expect price to retrace to around $15, where I'll be going long. My first TP will be at around $50, which happens to be outside of value area.

Long

by MoneyForNothingAndPipsForFree

$DKNG could pop Every 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).

Long

by EBITDAtiger

Updated

DKNG - Draftkings Deep Crab Harmonic Weekly setup.DKNG - Draftkings, perfect harmonic deep crab setup with the 161% PRZ being respected and a nice bullish engulfing on the weekly to trigger entry. long with T1 @ 34.50 T2 @ 49.95 SL 9.65 RR @ T1 = 2 : 1, RR @ T2 = 3.88, SL moved to break even at T1 and half profits to be booked. weekly setup so patience required as setup will take a while to play out.

Long

by DannyAus1

DRAFT KINGS - BULLISH SCENARIO A 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.

Long

by legacyFXofficial

Draftkings Might be too early to call, but the gap between the 3200 and the 200 may close very soon Green power bars will pull the 200 over the white 800ma, and from there we will see how much power presents itself to head towards the 3200ma Possible 5 waves are in, i count a truncation, but It can be hard to tell without a clear wave 1 ahead of us Target is 39$ or near the ORANGE 3200 MOVING AVERAGE

Long

by williamdas

Updated

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.

Short

by Redimere_91

$DKNG (Weekly & Daily) Short Term Outlook - Bullish PTs 15, 17, 25 Long Term Outlook (6-12 months) -Bullish Price Target --> $37.50

Long

by KennyTrades52

#SuakuFlowsWatchlist - 22/7/22 #SuakuFlowsWatchlist #LottoFriday 🎰 EXP: 22JUL22 $BABA 107C > 106.61 | 103P < 103.68 $DKNG 14.5C > 14.42 | 13.5P < 13.92 $INTC 41C > 40.65 | 39.5P < 39.82 Don't recommend any YOLO plays on the 0DTE picks if you're red on the week. Only play with profits here. GL! 💰

by JARQ94

DKNG Nearing breakout DKNG is one of those cult stocks where a lot of eyes were on this name during last year. Now it feels like most people abandoned this name and already gave up on it. So real good for a breakout chance. PENN already broke out today. DKNG can follow it. Above 14 can see 14.64, 15.54, 17.20 Jul 20 15C can work

Long

by savage_Trader

Gap fill Completed on Draftkings If you played any calls the last couple days with Draftkings you certainly made a nice chunk of change. Especially if you entered before the gap up. lets not forget the 3 soldiers candle pattern that followed after the gap up!

Short

by Aecanas23

#SuakuFlowsWatchlist - 6/21 #SuakuFlowsWatchlist $DKNG C > 11.62 | P < 10.78 $RBLX C > 27.27 | P < 24.57 $SBUX C > 72.44 | P < 70.77 $TWTR C > 38.05 | P < 37.02 Getting my watchlist picks out to you guys early for Tuesday's session 🌊 Scale when comfortable.

by JARQ94

What DKNG, building a double bottom Lets see if the double bottom holds. This stock has been hit so hard the snap back will be hype fast. Really everything is set, its all up to JASOn now.

Long

by TrendTraderX

11 22 33 44 55 66 77 88 99 1010 1111 1212 1313 1414 1515 1616 1717 1818 1919 2020 2121 2222 2323 2424 2525 2626 2727 2828 2929 3030 3131 3232 3333 3434 3535 3636 3737 3838 3939 4040 4141 4242

…999999

Love in every #TradingView

90M+

Traders and investors use our platform.

Top website in the world when it comes to all things investing.

1.5M+

Mobile reviews with 4.9 average rating. No other fintech apps are more loved.

10M+

Custom scripts and ideas shared by our users.

@garret_duke

@ketoryfx

@newcapitalfx

@__patrykasprzak

@trading.is.mylife

@garret_duke

@aktierkillen

@jb_fx_

@WaltherCrypto

@garret_duke

@mytradingsetup

@TradingView

@elnaaz_sadeghi01

@arakerbabian

@jfsrevg

@bradfairbridge

@newcapitalfx

Whatever the trade

Here's why Here's why

Products

Supercharts
Pine Script™
Stock Screener
ETF Screener
Bond Screener
Crypto Coins Screener
Crypto Pairs Screener
DEX Pairs Screener
Stock Heatmap
ETF Heatmap
Crypto Heatmap
Economic Calendar
Earnings Calendar
Sparks
News
TradingView Desktop
Mobile app
CME Group futures
Eurex futures
US stocks bundle

Company

About
Features
Pricing
Social network
Wall of Love
Athletes
Manifesto
Careers
Blog
Security vulnerability
Status page
Terms of use
Disclaimer
Privacy policy
Cookies policy
Media kit
Accessibility statement
Tarot cards for traders
TradingView merch store

Community

Refer a friend
Ideas
Scripts
House rules
Moderators
Pine Script™ Wizards
Chat

For business

Widgets
Advertising
Charting libraries
Lightweight Charts™
Advanced Charts
Trading Platform
Brokerage integration
Partner program
Education program