J_Col35

DKNG Reversal

Long
J_Col35 Updated   
NASDAQ:DKNG   DraftKings Inc.
Called $DKNG for calls last week for a trend reversal which played out well with the Gap up due to positive news about their deal with the NFL. I am looking at $DKNG again for another reversal from its bearish movement at support. Currently there was rising bearish volume to end the week, so will be paying close attention if $DKNG holds support in the high 57 areas or breaks to the low 57 area like before. If a reversal does happen looking at a swing into next month
Comment:
$DKNG didn't hold support for an option play but maybe a good time to buy more shares
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