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DRAFTKINGS INC COM USD0.0001 CL ADRAFTKINGS INC COM USD0.0001 CL ADRAFTKINGS INC COM USD0.0001 CL A

DRAFTKINGS INC COM USD0.0001 CL A

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DKNG: updateLets discuss whats happening here: On the 4hr: (1) DKNG broke out of the ascending triangle and looks like its going to begin trending on an old trend line (the orange dotted line) (2) Finally reached my first price target of $49.14 On the 15min: (1) Broke out of the ascending triangle (2) Resisted my first price target (aka to fill the old gap down) (3) Retested the 21MA (4) Gap up, and finally surpassed my price target of $49.14 Next stop: $54.04, this is where I take profit on 30-40% of my shares
NASDAQ:DKNGLong
by RaftoO
DKNG reclaim channelDKNG back in this channel with lots of upside room to run in, bounce perfect at my .618 ($38.54) and hit my first TP at 47.06 next TP is at 50.39. the cup and handle is just a prediction and what i'm seeing as a possibility don't pay to much attention to it but if you think it could happen or have any other theories on DKNG's price action drop a comment. My prediction : I can see potential cup and handle forming, if it continues to run up i can see the cup form at a minor resistance level at $52 then the handle will come down to support and take off back to re-test all time highs. if this does play out i see 64 by end of year levels are 47,52,55, 60, 64
NASDAQ:DKNGLong
by jUiCE_Trades
DKNG bull flag, can we keep pushin!DKNG has finally reclaimed my overall channel. Right now i can see a bounce at $47 (.618 fib) and we bounce to see 51 if we carry the momentum we have for the rest of the week. Volume is great, over 20 ema so i can see 51 by end of the week. If it can Hold above $47 overall move is back to $55. Under 46.50 i can see next bounce around 44 and possibly fill that gap at 42.77 but with the momentum it has, i dont see dkng going down this week but keep in mind basketball is starting in a few weeks so dkng is at a good price to go long... 2022 - 2023 Calls my PT is 52
NASDAQ:DKNGLong
by jUiCE_Trades
$DKNG Insider Buys 7mm shares$DKNG has gone thru some ruff times. They had a secondary offering that did not do well the first week of October. Shares sold off hard for about 3 weeks. Then insider(s) bought 6,922,455 shares between October 23 thru the 26th. Earnings came in lower than expected and of course sports betting is down because of COVID... However, the stock has held up well after earnings and has regained the 21 EMA. I've opened a 1/2 position today as I think $DKNG will be a long term leader, all TBD. You can see my entry price on the chart and I have a flexible stop at $40. Ideas, not investing / trading advice.
NASDAQ:DKNGLong
by jaxdog