Get started
DRAFTKINGS INC-CL ADRAFTKINGS INC-CL ADRAFTKINGS INC-CL A

DRAFTKINGS INC-CL A

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Bonds

1DKNG trade ideas

DKNG 2/16/2022DKNG After spending all of 2021 moving sideways, we saw a Death cross of 50 and 200 ema and price broke down and entered a Downtrend. Since Nov. 2021, price has been on a strong downtrend. The Downtrend needed a breather and pulled back in form of a Bear flag. Price has pulled back to Fib level 0.382 and we have also seen a couple Gravestone dojis at this level over the past 5 days. This is my que to enter Will be entering trade to short. Entry: 22.96 Stop loss : 25.94 Target: 17.58 – RR ratio 1.81
NASDAQ:DKNGShort
by rudcharts
3
DraftKings earnings tomorrow @ 7amDraftKings Q4 earnings are tomorrow, 2/18 at 7am. Draftkings (DKNG) reported a Q3 September 2021 loss of $1.35 per share on revenue of $212.8 million. Revenue grew 60.2% on a year-over-year basis. The company said it expects 2022 revenue of $1.70 billion to $1.90 billion. The current consensus estimate is revenue of $1.77 billion for the year ending December 31, 2022. I'm posting this as long because it's possibly a good setup on a red market day. It's a gamble until the earnings are publicly released along with future guidance. Here's levels on the 1 day chart: Q4 Consensus: EPS = -$0.82 Revenue = $442.5M 52 week high = $74.38 52 week low = $17.41 SMA200 = $42.91 SMA150 = $40.94 SMA100 = $34.29 SMA50 = $25.05 breakout = $27.48 R3 = $26.34 R2 = $25.19 R1 = $24.05 pivot = $22.90 S1 = $21.76 S2 = $20.61 S3 = $19.47 breakdown = $18.32 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
NASDAQ:DKNGLong
by Options360
Earnings watch 2/18 pre-marketEarnings watch 2/18 pre-market: DKNG DE BLMN ASIX B PPL ABR BCPC AEE CPOP Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
NASDAQ:DKNG
by Options360
Watching DKNG for bounceAs you can see from the chart DKNG bounced at a strong support area that was established back in Feb 2020-April 2020. We can see a clear RSI divergence leading up to the bounce at support. We can also see there was a downside breakthrough of auto fib extension however it quickly retested and bounced from there. With these indicators occurring in unison with the emergence of the Draftkings sportsbook and casino in numerous states across the U.S I think it could be a good time to enter into a position. (RSI oversold and MACD crossover indications are very bullish on 1 week chart)
NASDAQ:DKNGLong
by dzmiller39
DraftKings (DKNG)....An emergihg Phoenix ??In the past five months DraftKings has managed to erase over 70% of their share price.No mean feat. Not a lot of history but it does tend to have runs. Recently the three month down channel appears to have been challenged and broken. Breakouts tend to challenge themselves so there is no reason this can't retrace and trade near the Jan. 24th low. Perhaps a little early for this nag but worth watching. We do need some clear evidence of a reversal, so breaching the $25.83 area would be a good start. Targets and entry points are marked. Not investment advice... do your own due diligence and be respectful of of broader market conditions,the Fed and sentiments. S.
NASDAQ:DKNG
by Steve666
1
DKNGIf the first impulse is going to ratio the larger future waves, I think this is how it will end up playing out s3.tradingview.com Length of first red wave 1, s3.tradingview.com length placed at start of wave 3, waves often overthrow the lines, but it doesn't invalidate now, s3.tradingview.com size of Impulsive starting from 0.00 s3.tradingview.com placed from its .618 green zone - Target is 25$ before upside I believe this is the A wave, a running flat the following B wave, which is .618 the size of the A wave
NASDAQ:DKNGLong
by williamdas
20