DKNG head and shoulders broke out... Now, how far down can we go? next support for me is at 34.30, if NFL has more COVID cases and more games are being delayed or rescheduled we could see DKNG down to the low 30's. Right now it is sitting at the bottom of my channel could we possibly bounce off the bottom of the channel or keep running down. lots of upside for...
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My buy zone and target for $DKNG. (Not financial advice)
DKNG strong support around 48.60 perfect bounce off that support zone. We could see a reversal to retest ATH. Start scaling in some calls (small) now waiting for that breakout of that downtrend resistance line. PT $55 by next week 53$ by this week looking to get in $55 C 10/23 at 1.70, will scale in more every dip unless more covid cases come out and bad news...
I posted this chart with the bull flag a week ago, we broke out hit my take profit zone around 65 and making our way back down. Could see a move down to 46.20 (.618) and then you could start scaling in for calls i would set stop loss at 43.60. If we break below 43.60 overall move would be back down to $36 support zone. Im seeing a potential head and shoulder so my...
DKNG Daily timeframe... Could we see a pull back this week due to the recent covid cases being confirmed in the NFL or could we continue this rally. I can see a rising wedge here and waiting for the breakout down to my support zone at $55.
DKNG broke out of this ascending triangle pre market so we will be up massive at market open! GOOD NEWS is coming out for DKNG everyday that beats out that COVID news with the Titans and Steelers situation. PT 67 by the EOD! Looks like we will wont be filling those gaps down anytime soon!
DKNG 15 MIN DKNG forming a head and shoulders looking to bleed more! News came out that several NFL players have already tested positive but I don't see it stopping DKNG that much or NFL in general, but I'm still waiting for DKNG to pull back to 51 (.618 retrace on the daily) to start scaling in for some monthly swings. Keep in mind we have a gap down at 53 and...
NASDAQ:DKNG Sports betting is continuing to gain traction and acceptance across the United States. With sports actually finding their way back on the field since the long COVID-19 break, you would have to HATE money to not look to get extremely long in this name. From a technical standpoint, it is attempting yet again to breakout of that $26-$41 (two purple...
My buy zone and target for $PENN. (Not financial advice)
Sports-betting pure-play DraftKings had a monster rally between March and June with a surge of almost 300 percent. It then entered a period of consolidation, which has recently morphed into an ascending triangle. DKNG based out near $27.50 in mid-July, followed by a higher low above $30 exactly one month ago. Prices have mostly hugged the 50-day simple moving...
International Game Technology PLC operates and provides gaming technology products and services worldwide. The company operates through four segments: North America Gaming and Interactive, North America Lottery, International, and Italy. It designs, sells, and operates a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery...
My buy zone and target for $DKNG (Not financial advice)
My buy zone and target for Penn National Gaming. If $PENN can hold my buy zone i belive we could see $PENN at the $50 soon. (Not financial advice)
The NFL has announced training camp dates, which means sports betting will be back. Furthermore, this fast mover has confirmed higher lows, and suggests a move to 60-61 in the coming weeks.
Well we had a healthy pullback and this i feel is ready to go again with sports starting up wish it was sooner to help with earnings but we will take what we can get...
Penn National Gaming (PENN) has been a great mover in the past few months going from mid-March lows of around $4 all the way up to $40. Since then, PENN has been in a nice consolidation with a good resistance around 27.50. PENN has formed a nice falling wedge chart pattern over the past 10 days, and could look for an upward breakout out of the pattern. With a...
Daily & Weekly charts look great, especially the weekly chart. Volume is Bullish PMO is Bullish MACD is Bullish Stochastic is Bullish Sector is Bullish Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.