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: another bounce candidate?DKNG : Some pros and cons to play a potential bounce. --Big Wyckoff distribution on weekly and daily. ++ Hammer candlestick on weekly (indicating bullish reversal if next candle confirms it, i.e.we get follow through) ++ Bullish RSI divergence on daily (that you can't see on my weekly chart) Since I like the set up I will look for an entry today, but only for a swing trade (maybe 1 or 2 weeks max ). My target is around 33-35 . Be careful below 27. Trade safe!
NASDAQ:DKNGLong
by Elpidaldo
19
DKNG Ready For ReversalDKNG has been beat down waaay too much, the bottom has got to be near. Bullish Divergence on the MFI makes me believe this is primed to pop. Watching for a break of the falling channel before entering short term calls and LEAPS. Looking for $30-$32 in 1-2 weeks. Institutions own 62.5% of DKNG, up .58% from last quarter. Don't let the shorts fool you, great buying opportunity. This is one of my core positions along with SOFI & CHPT and I expect them all to make a swift move to the upside!
NASDAQ:DKNGLong
by chaseflores10
8
DKNGDraftkings Inc (NASDAQ:DKNG) The stock is bouncing after seeing weeks of strong downward movement. While DKNG's short-term trend seems to have reversed, a close above the pivot pocket 28.80 could lead to more relief and confirm the possible bottom. I think we could see more gains next week as the heavy volume of the last two days should attract some more bottom feeders. As I tweeted on Thursday I took a position around 24.5 and doubled it on the break of 25 looking for an initial target around 30.7 Lets see what Monday brings us.
NASDAQ:DKNGLong
by SmoothJB
Crouched Bobtail Cat - Ready to PounceDraft Kings is showing a completed Bobtail Cat, poised to pounce with rear leg flexed, back arched and front paw ahead of head. Confirmation is knowing that cats are kings. Get ready for the Bobtail Cat to pounce -- most likely to see a leap up as Draft Kings leaps up. If the bobtail is on an unseen ledge, prepare for a long downward fall. Remember cats land on their feet and have nine lives, though. DKNG should survive. (Not advice or opinion, simply chart art.)
NASDAQ:DKNGLong
by mogulskier82
DraftKings (USA: $DKNG) Could See An Epic Bounce Into 2022!DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily sports, sports betting, and iGaming opportunities. It is also involved in the design, development, and licensing of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. The company distributes its product offerings through various channels, including traditional websites and direct app downloads, as well as direct-to-consumer digital platforms, such as the Apple App store and the Google Play store. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
NASDAQ:DKNG
by Bullishcharts
13
Relevant levels on DKNG and trading opportunityToday we will take a look at DKNG. The first thing to mention is that the price has reached a significant level composed of a support and a cloned trendline of the current descending movement or corrective movement. From here, we can see an inner descending trendline inside the correction (yellow line). That trendline is really important to provide us with information about a possible change in trend. The main thing I'm looking for before confirming a change in trend is the next sequence. -Breakout of the yellow trendline -After that, I want to see a correction with similar proportions as the red line I draw. That's the main trading opportunity towards the bullish target IF that correction happens, developing setups on its breakout may be a good setup with a risk to reward ratio higher than 2. However, at the moment, that's far from happening. The last element of this analysis is: What happens if the price keeps falling? Then we should pay attention to the next support level at 11.00 as a possible target. Thanks for reading! Feel free to share your view in the comments.
NASDAQ:DKNG
by ThinkingAntsOk
DKNG $100 IDEA, if this trend can't hold, look for sub $40 Current trend and past trends are all leading to a similar point (sometime in Feb), plus we had a nice little drop on earnings which could have put this stock on a really good path up to $100. People love to gamble, and DK is spending a lot of advertising. Will it get there?? I'm not sure, however.. It's not crazy to think DK and Penn start to run again this month. I've marked some important points to take note of on this current trend, including one on the 9th.
NASDAQ:DKNG
by nicktussing77