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DKNG
Ideas

DraftKings Inc.

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DKNG trade ideas

$DKNG Daily MACD Curling back up! I've been buying $DKNG for the last week now. Support was held very well, we bounced a few times off the long term trendline all last week. Staying bullish on this one and averaging down further if it hits the 200dma. #Bullish

Long

by TylerDurden00

DKNG looks good for a bounce here

Long

by Big_Mike716

ABC Bullish DKNG seems to be giving it all she can to hang in there..It is looking like she may DKNG looked very bearish for a while NV is trying to perk up but is low right now Not to long entry level yet for this pattern as of today Possible stop below 40.4 (so close by) Not a recommendation

Long

by lauralea

DKNG Long Got beaten down heavily with bad news for last weeks. Retest of 40.40 level with strong rejection. Bullish indicators on daily. Created a new trendline. Entry: validation of trendline, bullflag and break above 45.81. PT: 50.23

Long

by OBaderr

$DKNG It's Gotta Reverse Now This looks like a strong reversal coming, look at the RSI ... blue line crossing red Look at the SMA/EMA lines..., looks like a curl up coming

by Pineapplestocks

DKNG reversal Expecting DKNG to reach a target of 64.19 by mid November. More conservative around 58.

by Graypex

DKNG continue moving up DKNG recently broke a major resistance and fell right back down. It seems to have hit a continuation of a previous trendline. I'm hoping it'll bounce and go back up. I'm planning on entering at $42.80. A lot of analysts think this is a good buy at the moment.

Long

by QuantumMaster

Updated

10/26 DKNG earnings and long My previous chart was spot on. (Link is below) Looks like it bottomed at $40 and returned to its channel. Fibs are key points to break a candle over. I believe we will hit around $49-$50 for earnings(Nov 12) and then head back down to $44-$45. Q2 earnings were horrible so be prepared for the pullback the day before the report.

by Bye_Shai

$DKNG READY TO BLAST OFF Currently DKNG in a double discount zone. Credit spreads here would be ideal Calls with targets

by Fractalmatter

Betting on Draftkings : Oversold+signs of recovery $DKNG FA, - Market cap : 16BN. Global TAM : 70BN - Top rated app(4.8/5) - Currently in 7 states(12% of US population). 19 states with mobile legislation while ,majority are still being considered - iGaming CAGR New Jersey (2014-2018)- 25% - Products : Daily fantasy sports, Sportsbook,iGaming. - Building a great brand. -Personalized experience -History of track record = More data. - Michael Jordan as special advisor. GOAT - Habits picked up from Covid lockdown TA, - RSI oversold. 36. Rising up - Closed above downtrend on 4H - Short interest 23% Entry: 43 PT1:50.5 SL: 40.2 (6.5% max loss) Short term Swing Risks, - High volume during pullback - Hasn't closed above downtrend on daily

Long

by ashainp

DKNG LONG DKNG long entry on the break of the falling wedge structure. Daily time frame printed a bullish hammer candle on the 100 moving average which is also confluent with a previous support level and .707 Fibonacci retracement level. Stop Loss: Daily close below 40.43 Target 1: 40.36 Target 2: 52.13 Target 3: 56.78 (gap fill)

Long

by Ph0ng

DKNG LONG dip buy here DKNG holding above support good price here to add for long term portfolio. At the bottom of my channel with lots of upside room for it to run up. Keep in mind if any sports(NFL, MLB, etc.) were to cancel there season it will drop, but sports betting will always be around! Shares long term and 2022-2023 exp leaps will print for options.

Long

by jUiCE_Trades

$DKNG Entry Point Great entry point for $DKNG provided Covid news stays neutral or lessens

by TCM_Sniper

$DKNG potential reversal Ticker: $DKNG Daily - Today I took a long position on $DKNG looking for a potential reversal - Strong daily close, holding both the point of control and trend support - Watching for a break of falling trend - Confluent resistance around 46. Targeting that then 49.50

Long

by Printing_Profit

an ascending parallel channel has emerged on dkng to me, this adds a lot to the bullish structure

Long

by lofihenny

DKNG - It's a great time to bet on Draftkings Draftkings has been practically in free fall mode over the past 3-4 weeks due to profit taking and dilution. Today's daily closing candle was a hammer which typically precedes a trend reversal. We have confluence because this also occurred on the trendline. Buyers stepped in to defend the uptrend at a key level. I am personally going long here with a stop $40.23 just below today low. I am targeting the 50% fibonacci retracement level which is around $52.

Long

by rarewalt

head & shoulders bearish until we test & break neckline

Short

by naccan

Updated

Possible income You can see that it tried to break out of the long term channel but failed to do so by bouncing off the 0.78 Fibonacci. It broke the short-term bearish channel. I see a good income looking for a rebound in the short term.

Long

by maxigonzalez12

speculative trade DKNG DKNG STRONG BUY

Long

by AlexandrKrupenych

dkng falling wedge breakout this is gonna rip

Long

by lofihenny

DKNG Bounce is coming for sure Looking for bounce to the golden zone

Long

by linsterr

dkng long

Long

by nickpaliani10

Buy Zone and Targets for Draftkings $DKNG My Updated Buy Zone and Targets for $DKNG (Not financial advice)

Long

by IrregularUntenablePassport

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