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DRAFTKINGS INC COM USD0.0001 CL ADRAFTKINGS INC COM USD0.0001 CL ADRAFTKINGS INC COM USD0.0001 CL A

DRAFTKINGS INC COM USD0.0001 CL A

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The growth is closeThe paper is in a narrow channel for a long time. 47,7 -51,2. I assume a long scenario, the paper is not allowed down. In case of fixing above the resistance level, the scenario with the target - $65 is realized. There is global resistance there. If it is broken through, the ATX is possible. Watch closely, there could be pullbacks. You can exit the trade with a stop loss if it goes above the 61 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Stock trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast.
NASDAQ:DKNGLong
by QuantumLabSignals
1
$DKNG - Stan Weinstein's Stage Analysis + Symmetrical triangleDraftKing hits the upper trend line inside symmetrical triangle and unable to break out. Right now investors are in wait and see mode apparent by the bottomming narrow channel. According to Stan Weinstein's Stage Analysis, this could be identified as stage 1 bottom. Bulls are reluctant to jump in due to over hanging etain offer. However, there seems to be changing of hands gradually from bears to bull. It could be possible that depending on etain offer, the stock either could see, a break down to $45 or break out to $60. Target 1 -$60 (short term) Target 2 - $90 (long term) Break down - $45 Stop loss - $41 ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice.
NASDAQ:DKNGLong
by PaperBozz
2
$DKNG GETTING READY FOR A +40% MOVE!What Is the Accumulation Area? The accumulation area on a price and volume chart is characterized by mostly sideways stock price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time. Source: www.investopedia.com 1HR - Price trading sideways since late September. Analyst Price Target on $DKNG (TipRanks) High: 105 Average: 70.06 (44.01% Upside) Low: 41
NASDAQ:DKNGLong
by ivanlarav
Draft KingsI might've gotten in too early here to be honest. However, I feel that draft kings has a lot of momentum with the variety of reach and marketability they have. The name is familiar and they continue to have good incentives and easy to use platform. I know their financials aren't the best but I consider this an emerging market even though some may disagree. I think as technology grows, so will the thirst of competitive gambling. I see a W pattern forming. As much as I want it to shoot up right now, I feel like the double bottom needs to truly form before a true move is made. I don't want a homerun here, I just want a base or two lol.
NASDAQ:DKNGLong
by Redimere_91
3
$DKNG bullish idea DKNG is an online sports betting book who as of today announced they entered a Blockchain agreement with Polygon. Polygon is an Ethereum-based scaling platform, to support custom NFT drops along with secondary-market transactions. The deal provides DraftKings Marketplace with a scalable, eco-friendly blockchain solution that enables added throughput and expanded capabilities. Sports Betting has become widely popular this quarter due to Social Media outlets whom glorify the big rewards with small risk bets such as multiple leg parlay bets. Not to mention NFL and MLB season on full throttle this quarter. Earnings should be stellar. As for the technical side of $DKNG, it has been basing at these current lows and not finding any sellers under these levels. Seems like a good risk to reward spot to position yourself bullish. Daniel Betancourt OptionsSwing Analyst
NASDAQ:DKNGLong
by optionsswing
1
DKNGIn my opinion, DKNG is ahead of a nice bullish setup technically and fundamentally. We can see how RSI is looking to break its oversold zone while MACD creates a nice-up movement with a pleasant crossing. Moreover, the MA shows a favorable structure due to a chart crossing over the 20 MA, which also identified an upward trend. As to our fundamental segment, it appears that the gambling sector is on the move, and let's remember that DKNG is waiting for NBA, NFL sessions to start, and people are willing to play some fantasy sport.
NASDAQ:DKNGLong
by FunTechA