Get started
DraftKings Inc.DraftKings Inc.DraftKings Inc.

DraftKings Inc.

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

DKNG trade ideas

DraftkingsBased off this large decesninf trinagle DKING has ripped to the downtrendinf reostanxen what we need to see is support and closes above 17.45. This could give us the breakout signal to launch us higher. Curently we seem to be flagging under it after the first rejextion off it. Key level to watch for a breakout trade. No need to rush. The stock will show us it’s ready soon if we fail then 15 could be a great support 17.36 is the .5 fib which is where we are struggling to flip to support curently. That could be the level. Above that is 19,20.30 and 21.50
NASDAQ:DKNGLong
by Erictaylor
How is DKNG here?I never would have believed DKNG to become an 11 dollar stock. At this point it seems like it can go even lower. DKNG at this range is a gold mine for long term investment. LONG TERM: This stock can definitely go back up very quick but currently it's getting a beat down. Once it beats this 17.48 range it'll move up to 27.79 VERY fast. This stock is definitely an easy $40 dollar stock. SHORT TERM: I don't like the way this stock is looking for short term. It needs to squeeze and set some real support on this 10.54 mark before working it's way up to test that tough 17.49 resistance.
NASDAQ:DKNGLong
by KinCobalt
DKNG has bottomedIncredibly, one of the largest head and shoulders patterns I've ever seen played out perfectly and entirely, and we are now trading at levels not seen since late 2019. There is massive support down here and I expect this stock to have fully bottomed around this area before beginning a new uptrend within the next month or two. I'm going to hold this one for a few years, add if it drops any further, and take it to the bank. If you want to be save put a stoploss at DKNG's lowest price from earlier this year. Extremely oversold, decent valuation here, the company is growing quickly and will be profitable once management realizes that if they keep diluting shareholders they are going to get run out. All of this (aka the worst) has been priced in. Time for the upside.
NASDAQ:DKNGLong
by stonkasaurusrex
1
dkng bull flagLooking through some charts and noticed a bull flag forming in DKNG. Provided the overall market doesn't implode over the next couple days, I'm thinking it fights its way back up into the 16s not expecting it to break out of the flag formation but definitely possible/likely to test the top of the channel imo. Nice volume gap from here all the way up to the 16s area doesn't provide a ton of resistance. One issue I am seeing is the IV on the options contracts is very high. No position currently but will keep on watch and look to play it if the set-up stays the same. Not financial advice!
NASDAQ:DKNGLong
by EZmoney24
1
DKNG Demand Zone + StrengthCompany : DraftKings has been showing Extreme Relative Strength after a nearly 100% move from its June Low to Recent Bear Market Highs. This Relative Strength is not from nowhere and definitely, can be attached to DraftKings leadership in the Sports Betting & Gambling industry. DraftKings has opened up huge money-generating partnerships with NFL, and other large organizations. These agreements and contracts only have pushed DraftKings Higher. While the Market has continued to drift lower these past weeks, DraftKings has been taking a necessary hit from its large run-up. DKNG is entering a Major Demand Zone Dating back to the IPO days. Technicals are showing a very large demand zone from the near $15 level towards the $10 level. With this heavy support area, we may see heavy consolidation for a time being, and a Strong appearance of Buyers. This is a strong thing to note out, as this could be a strong Long-Term Aquiring location for many Investors to pick up in this Bear-Market.
NASDAQ:DKNG
by ZachSap