DKNG making room for Big MoveDKNG seems to be completing the 4th wave of this 5 wave up from early November lows. 4th wave does not like to get very far past the .5 Fibannaci zone of wave 3. But it looks like it is running a flat. I will be adding bulk of position sub 46. To add more confluence there was massive buying at 53 that took place today. Stay safe out there!Longby CPscalps113
DraftKings - One Of My Forever HoldsDraftKings looks great. A bullish engulfing on the daily, NBA returns soon, and more partnerships with sports teams. Sports betting has a huge total addressable market once legalized in all 50 states, which I see happening over the next few years. They’re a forever hold for me and I can’t wait to see where they’re at in 5 years. NASDAQ:DKNGLongby justinande1
DKNGBullish engulfing at support. Feels strong. Looking for follow through tomorrow. An upgrade in the morning would help.Longby Essendy0
Bullish engulfing off 20smaentered calls today, this looks great for a move higher, looking for a move up to start of gap fillLongby Option_Traders2
Cup n' Handle Daily ChartDraft kings long here..target 57$ good volume today and RSI ticking upwardsLongby cbuck19940
Cup and handle daily target 57$good volume today on draftkings RSI trending up and technical cup and handle pattern has been formed i see short term upsideLongby cbuck19940
$DKNG Draftkings Bullish Reversal Targets $53.50 - $55.80 bullish cross above the 7ma Volume spike today Longby RedHotStocks1110
$DKNG potential pull backRisk is not justified. Fundamentals not supporting the upside. Pull-back possible to retest 45 support level (trend-based fib 50% level); if broken downward target to 38-35. If confirms the breakout from the forming bull-flag, potential target to 56, then 61. Then double-top setting to be tested. Would be interested in your thoughts. The analysis is for discussion only.by game_trader1
Draftkings breaking out!!Noticed on Draftkings NASDAQ:DKNG chart that its breaking out from its lower trend! The stock has been muted lately but with refreshed demand for betting and the deal closed with a Native American org, Draftkings on the move! Just got in some weekly $50 calls here, i expect a run to $55 which would be my new exit point! Good luck to all that enter calls! Notice the spike on the RSI & MACD?? Love to see it!! Longby ThaMoneyHunter0
$DKNG what bullish setup can be better than this?$DKNG 1) Hammer candle (bullish reversal) at 50 SMA, 2) Stochastic turning up from the oversold zoneLongby BhagatR0
Bearish Crab setup (bullish to $82)Price is right around the 38% retracement (min requirement for C) If we bottom here, over B = X and over X = 1.618 ($82)Longby JXMFinancial1
$DKNG Pulling Back to Move HigherDraftKings has been on the decline as of late but I believe it is getting ready to reverse. Many are suggesting athletes receive the vaccine to influence public opinion in a favorable way. This is would be huge because if the vaccine works there will be less cancelations and more people getting back to "normal" life. My 2-3 week price targets are $48.50, $49.50, and $50.65 My 2-3 month price targets are $52.20, $54.00, and $60.00Longby Profit_Center112
DRAFTKINGS 50% RETRACE I like this setup, looking for a quick move up to $46 zoneLongby clarkehimselfUpdated 1
DKNG Target 55-60$DKNG (Draftking) seems to be taking a good support towards the 50 MA. Good place to long with a stop loss around 10% belowLongby stocksbayarea1
$DKNG breakout is coming$DKNG can pop up any time, Let's see if the market supports the move,Longby BhagatR0