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DraftKings Inc.

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DKNG trade ideas

DKNG split chart 4hr and WeeklyBullish. Let me just lead with that. I've played numerous calls over the last few months. Huge fan of the stock, the chart, and the company. So of course I am back ready for more calls. $DKNG follows $PENN a lot don't forget that. Right now I am watching: jAN 22 $55 WEEKLY CALL FEB 19 $60 CALL Most of my target calls I will not even think about until Thursday or Friday. On the top chart, the 4 hour, top resistance setting it at the $55.19. Bottom support should be around the low $44 area. The moving averages are packed very tightly - they appear to have flattened out and are trying to turn sideways. Bottom chart, I went with the weekly, because I wanted to show the volume trend over the life of the stock. Notice the peaks between Sept-Nov an the gradual cool down since then. Would like to see some of that range come back. $DKNG.
NASDAQ:DKNGLong
by BradWeber82
DKNG: Ready to go?Hey guys, sorry for the lack of activity been really busy with work, GMAT studying, and day trading! So, as a lot of people may (or may not) know, online gambling/sports betting is a hot topic recently, in recent news Michigan and New York have made moves towards it's legalization. Taking into account COVID-19 related implications on governments, sports betting/gambling is a great way for them to raise taxes (revenues). Nothing noteworthy about the chart, however the coil (or triangle) might have just broken. I'll be keeping an eye on a volume spike that'll push this above $56. If that happens I will play 02/19 75c I believe the companies that are best positioned are: FUBO PENN DKNG I'd suggest starting a position in DKNG soon
NASDAQ:DKNGLong
by RaftoO
10
$DKNG Swing PlayThis play on $DKNG is fractally charted: Monthly Trends- white Weekly Trends- purple Daily Trends- red Hourly Trends- Teal The targeted gain is 8.68% and the max loss is 4.57%. The target entry for the play is 54.70, the exit target is 59.45, and the stop-loss is at 52.20. The goal is for the price to break out of the 2 fractal wedges that it is currently in and bounce off of the trend high (of the downtrend) that created the smaller teal valley (2 hour). Price would then need to test the trend high of the monthly uptrend.This play on
NASDAQ:DKNGLong
by A_x_A