DraftKings Inc. (NASDAQ:DKNG)

Chart of the Day March 7th, 2022

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DKNG Weekly Chart

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  • wijimmy: $DKNG, $PDYPY, $CZR, $BETZ(ETF) .. Casino's and on line bookies... Looking good today.....
  • Cjauger: $DKNG following through nicely after yesterday’s break out in volume
  • kenb: @wijimmy $DKNG $PDYPY $CZR $BETZ been hearing that online betting is getting a lot of action from the NFL playoffs, especially with the increased number of states that have legalized online sports betting.
  • champ: ...
    and I had posts yesterday on $DKNG and today I posted on $CZR....and currently I have NP.

    Also the Airlines started moving back-up today....and I posted on $BA yesterday and on $JETS and $CPA today, along with $AAL $UAL $ALK and others.......I cur ...
  • champ: $DKNG...HOD, #Strong and LOD was at $33.45, on the move this morning, on positive #News and looks like this is going back-up to $40.00 ..plus.
  • wijimmy: @champ $DKNG #Strong #News....$DKNG..VERY STRONG !!!!...others in sector are RED... I like $PDYPY (FLUTTER) Fanduel... it will switch to NYSE in JULY
  • champ: @wijimmy $DKNG... #Strong #News....I'm a believer and I'm swinging size.
  • Cjauger: @scottrades thoughts on $DKNG
  • Bridgemate: @scottrades thoughts on $DkNG and $SCMI please
  • champ: @Cjauger $DKNG....See all of the positive #News.....and this stock, is all about, all of the #Sports-gamblers....because of all, of those billions of $$$$, that are now legally bet on all of the weekly games....... .....thats the bet....and now it is time, to Hold and Build, on the zig-zags.
  • scottrades: @Bridgemate $DkNG $SCMI They are doing the opposite of each other. I think $DKNG looks actionable and I think you want to wait on $SMCI
  • scottrades: @Cjauger $DKNG Looks buyable today
  • champ: @scottrades $DKNG ....they are now in 26 States....plus they are also in #Ontario, Canada. ....And Now all of the gamblers, will be trading all of the zig-zags, as all of the Investors watch, all of the pin-action...... ....and for sure, as you already know..... what we are seeing now is, all of the Investors, are Trading around their #Core-position, with Trading-positions and that is #exactly what is going on Now..... ....and for all, to know.....after all of that above being said, this is a Trading game......... for those who have Working-capital, to work for Profits with.
  • Cjauger: $DKNG closing strong
  • scottrades: @Cjauger $DKNG Great volume
  • Cjauger: @scottrades $DkNG $SCMI $DKNG $SMCI that $DKNG flag is the @scottrades flag on big volume. You like those flags
  • Cjauger: @scottrades $DKNG yess!! I learned this one from you, breakout from a flag on volume. Nice closing volume
  • scottrades: @Cjauger $DKNG GREAT job my friend. Your hard work is paying off. Love to see it!
  • scottrades: My notes: $SPY / $QQQ Holding the 21 EMA $DXY Pop $TNX Reverting a bit $TLT At the 50 Day $SMH Just fine $IGV Bounce off the 21 EMA $IBIT Trying to find a floor $AAPL Holding the 200 Day $NVDA Still working $AMZN At the 21 EMA $GOOGL Bounce off the 21 EMA $MSFT Bounce off the 8EMA $META Support at the 21 EMA $AMD Day 2 $DKNG Good volume $DDOG Good volume $SHOP Support at the 21 EMA $V Breaking out. Earnings Jan 25 $ELF What a monster $COIN Near the 50 Day $MSTR trying to find a floor
  • champ: @Cjauger $DKNG....The way that I worked this stock today, I had triple size, then took 60% off around HOD and now I'm swinging Insurance profits, on the other 40% and I would like to add some back, if it keeps moving-up, if it keep zigzagging higher..... ....my target is around $38-to-$40, before I mentally start seeing larger yellow-caution-flags, in my brain, however a caution-Flag, is always flying....because traders are really active, in all of these types of #momentum stocks....and these zigzaggers, will always zig-zag...... .....however the risk, will start to show-up, when the first daily zags, starts being lower, than the zig higher.
  • Auto: $CAVA $UEC $QS $VZ $WAB $DKNG added long daily
  • wijimmy: $DKNG.. Up ...while others are Down due to... BMO Capital Starts DraftKings With Outperform Rating, $43 Price Target
  • Auto: $DKNG added small long daily
  • Auto: $DKNG Donkey Kong Boom!
  • wijimmy: $DKNG ... Has some legs and still going
  • bigreek42: $dkng trying to find a bottom
  • DAN: I "think" I mentioned that I'd consider putting $DKNG on the ATI List IF the stock broke above yesterday's intraday high of 36.32. Obviously, that didn't happen. So this is not a consideration for me right now. It would have been aggressive to put that trade on anyway. At this point, I think it re-tests the 50-day moving average. Not a stock for me.
  • champ: ...
    Caesars is one of the Top-picks for 2024, pre $JPM, by analyst Joseph Greff and other hospitality and gaming stocks like $WH, $H $MGM $DKNG and others.

    Watch for Entry, could continue this new move going into the close and also next Year, on Tuesda ...
  • Auto: $DKNG donkey Kong is off the mat
  • Auto: $DKNG Donkey Kong working missed it 5min
  • Auto: @Auto $DKNG watching to short 5 min must return to the mean
  • BarryC: Hi Everyone!! Hope EVERYONE had an awesome day yesterday!! IF anyone cares, Im currently #Long: $AMZN, $DKNG, $LLY (CALLS), $NVDA, $TGTX, $TSLA and THE BEAST IS BACK!!! $UPST!!!
  • scottrades: ...
    $DKNG Above the MAs and trying to curl up
    $MDB Watch for a PB to the MAs

    Let’s see if the bulls have more left in the tank,

    Scott
  • wineinquirer: @scottrades $GOOGL $MSFT $TSLA $MSTR $RIOT $DT $MNDY $MELI $STNE $NET $DKNG $MDB This is a key time to be cognizant of # positions in one's portfolio. Easy to go "over the cliff" and overtrade! At least that's been my experience and in the past, got burned nearly everytime!! Another mistake learned!!!
  • BarryC: Hi Everyone, Sorry Im late... Im currently #Long: $AMZN, $DKNG, $NVDA, $TGTX & $UPST
  • BarryC: Good Morning! Same sxxt for me... Been hard for me to gain traction, not getting any follow thru. IF anyone cares, Im currently #Long: $AMZN, $DKNG, $ETHE, $NVDA, $TGTS, TSLA & $UPST.... After 30%2B years, I only know what I know and I wont be trying new things as a result of being frustrated. The BEST thing any of us can do is be patient and stick to ur plan (what you know). The pitches will come!!
  • marklesparkle: @BarryC $AMZN $DKNG $ETHE $NVDA $TGTS $UPST #Long so go where you know
  • BarryC: Hi Everyone... Hope ya had a great weekend. IF anyone cares. Im currently #Long: $AMZN, $DKNG, $ETHE, $LLY, $NVDA, $TGTX & $UPST.
  • BarryC: Hi guys, IF anyone cares... I'm currently #Long: $AMZN, $DKNG, $NVDA (against 450'ish with the rest of the Planet), $TGTX & $UPST
  • Auto: $DKNG Donkey Kong nice long daily
  • BarryC: What are the chances all these squeezes go at the same time...? Im currently #LONG (Via Stock or CALLS): $AMZN, $DKNG, $ETHE, $LLY, $NVDA, $TGTX, $TSLA & $UPST
  • BarryC: IF anyone cares, I'm currently #Long: $AMZN (took size down), $DKNG, $ETHE, $TGTX & $UPST
  • vitoB: @BarryC $AMZN $DKNG $ETHE $TGTX $UPST #Long ...THANKS...for $UPST pure short squeeze opportunity or lookin for buyout..?
  • BarryC: Hi Everyone... IF anyone cares, I went home #LONG: $AMZN, $CVNA, $DKNG, $ETHE, $GEO, $NVDA, $ROST, $TGTX & $UPST.... I do have my eye on $TSLA (again).... Get ur asses up & lets make some $$$$$$$$$$$ :-) <3
  • phgruver: @BarryC $AMZN $CVNA $DKNG $ETHE $GEO $NVDA $ROST $TGTX $UPST $TSLA #LONG ...At this point, I'll settle for just a couple of $$....
  • bigbartabs: @BarryC $AMZN $CVNA $DKNG $ETHE $GEO $NVDA $ROST $TGTX $UPST $TSLA #LONG ... nobody gets up earlier than we left coast traders. I think my good buddy @champ will support me on that claim ==:O
  • BarryC: @phgruver $AMZN $CVNA $DKNG $ETHE $GEO $NVDA $ROST $TGTX $UPST $TSLA #LONG Start small and slow, as you gain traction ya add more risk... ALWAYS manage risk...
  • BarryC: I started off strong this AM and gave most back stopping out... I'm currently #LONG: $AMZN, $DKNG, $ETHE, $TGTX & $UPST... Welcome to trading :-)
  • BarryC: Hi Everyone... Hope all is good in the hood! :-) IF anyone cares, I'm currently #long: $DKNG, $ETHE, $GEO, $ROST, $TGTX & $UPST
  • clamtown: @BarryC $DKNG $ETHE $GEO $ROST $TGTX $UPST #long Good morning. Thanks for posting.
  • BarryC: IF anyone cares, Im currently #LONG: $DKNG, $ETHE, $GEO, $PLTR, $ROST, $TGTX & $UPST (The beast MAY be back)
  • BarryC: Hi Everyone, Good Morning.... Yesterday, I took my money and ran on a couple positions and got stopped out of a couple too. IF anyone cares, I went home #Long: $DELL, $DKNG, $ETHE, $GEO, $PLTR, $TGTG and $UPST(small). FWIW, Its been hard for me to gain much traction in this junk market.... All I can do is NOT overtrade and wait things out. Frustrating BUT much better than losing my $$$$$$$$$.... #wewait
  • BarryC: Hi Everyone & Good Morning!!! IF anyone cares, I'm currently #Long: $BSY, $DELL (Reports Tonight), $DKNG, $ETHE, $GEO, $META, $PLTR, $TGTX & $TSLA
  • BarryC: Hi Everyone...!! GM!!! IF anyone cares, Im currently #Long: $BSY, DELL (reports tomorrow), $DKNG, $ETHE, $GEO, $META, $PLTR, $TGTX, & $TSLA...
  • BarryC: @BarryC $BGC $DELL $GEO $KTOS $LULU $META $NVO $PLTR $TGTX $TSLA #LONG Also still have $DKNG...
  • BarryC: Hi Everyone!! Hope ya had a GREAT weekend!! :-) IF anyone cares, I went home #Long: $BGC, $DELL, $DKNG, $FUTU, $GEO, $KTOS, $LULU, $META, $PLTR, $SMCI, & $TGTX I also bot some of this weeks $NVDA 500 CALLS (Lotto's) Hero or Zero... Also $FUTU Reports this week and I'll have to address that with my position, not sure how yet. LFG!!!!!!!!! :-) $$$$$$$$$$$$
  • ZMan2: @Dan - $NU currently 5% above 50 Day, 1.5% the last 4 was, 100 % YTD. I’m trying to Figure out if the upside is already baked in. Similar to $DKNG in mid October.
  • BarryC: Hi Everyone.... Hope all is good in the hood! :-) IF anyone cares, I went home #Long: $AVAV, $BGC, $DELL, $DKNG, $FUTU, $GEO, $KTOS, $LULU, $META, $PLTR & $TGTX I also bot some $SMCI this am... LG!!$$$$$$$$ :-)
  • ZMan2: $DKNG is up 42% in the last 4 weeks & hit its 52 week high today.
  • ZMan2: $DKNG I currently long from 30% below. Despite bullish analyst I had to take some off the table.
  • woodman: @ZMan2 $DKNG - Nice job. I brilliantly sold this on 10/19 and failed to watch it afterward so I never bought it back. It's up 38% from there. :-(
  • BarryC: Hi Everyone... Good Morning!! IF anyone cares, I went home #Long: $AVAV, $BGC, $DELL, $DKNG, $FUTU, $GEO, $KTOS, $LULU, $META & $PLTR
  • Auto: $DKNG Donkey Kong Yesss long from way below weekly
  • BarryC: Hi Guys and Gals.... :-) IF anyone cares, I went home #LONG: $AVAV, $BGC, $DELL, $DKNG, GEO, $LULU, $META, $NVO, & $PLTR
  • vitoB: @BarryC $AVAV $BGC $DELL $DKNG $LULU $META $NVO $PLTR #LONG …thanks.
  • scottrades: $DKNG Bouncing off the 8EMA. Watch 36.40 for a breakout
  • BarryC: Good Morning!! Hope everyone had I good weekend.... Back to the grind :-) I wasn't around all day on Friday so missed calling out a new position, Sorry. BUT I want home #Long: $AVAV, $BGC, $DELL,$DKNG, $GEO, $META, & $PLTR Friday- -I bot back $AVAV on the re-claim of my stop spot of the 8 day and -I bot $PLTR on the break of the pivot, my cost is $18.84 OK, LETS MAKE SOME $$$$$$$$$$$$ :-) Have a great Day!!
  • clamtown: @BarryC $AVAV $BGC $DELL $DKNG $GEO $META $PLTR #Long Good morning.
  • bigreek42: $dkng near HOD
  • scottrades: My notes: $SPY/$QQQ CLOSE THE DOOR! $UUP Back from the dead $TNX Above the 50 $TLT Watch for a higher low $IGV Watch for a PB to the 50 $SMH Backtest time? $GBTC Still in trend $ETHE ETH ETFs Coming $ANET Holding the 8EMA $CRWD Watch the 8EMA $DKNG Watch for an entry $LLY Above the 21 EMA $CCJ Good volume $WFRD At the 50 Day $MSTR looking tired $UBER Microbase $MAR just under the 50 Day $COST Watch for support here.
  • BarryC: Hi Everyone... Sorry, running late. I went home #Long: $AVAV, $BGC, $CVNA $DELL, $DKNG, $META & $TGTX
  • champ: ...
    ....and my only swing trades for now are, $DKNG, $CZR and $PENN and these are running flat for now and I haven't been swinging size, because I took most of my profits already off, however I would like to add back, if these stocks and the Markets...l ...
  • BarryC: Good Morning!! Hope all is good in the hood :-) I'm currently #long: $BGC, $CVNA, $DELL, $DKNG, $META & $TGTX... I got stopped out $CLSK yesterday....
  • BarryC: Hi Guys (and Gals) :-) Hope everyone had a great weekend!! If anyone cares, I went home #Long: $BGC, $CLSK $CVNA, $DELL, $DKNG, $META and $TGTX I bot some "lotto" options on $CVNA and $DKNG on Thursday and BOTH got exercised Friday after the close. So now, I have some cushion and will TRY and hold... We'll see!!
  • traderbren: $DKNG - new high! Long from below.
  • champ: $DKNG...looks like this is going to close around HOD....in a flat market...and this is one of the few stocks that I'm still holding.
  • debeers: $AAPL- worried about computers? Fine. Worry about their new phonmes where many locations sold out? Why? ANET-like it in their space /$DKNG/$ELF/$LLY/$MSFT/$NVDA/$WYNN Perfect season for gambling: Football and Basketball the 2 biggest sports arein season $ELF-into Holiday Season imo you want to kiss and Makeup $LLY-BOB in Medical IMO $MSFT-when others in the space lean on Mr. Softee, he'sgood $NVDA-all others in the space invalid IMO $WYNN-In Macau and where will the Superbowl be? O Yeah, right outside their window and the wealth in Macau choice
  • debeers: @champ $DKNG -Bet on it!
  • debeers: $DKNG-moved the WYNN to this one.
  • champ: @debeers $DKNG ...Yes Ma-am and I have been..... and note, that the Volume has really started to climb....... ....and now, just have to see what happens on this run....because might have to manage at some point. LOL
  • scottrades: $DKNG trying to gap and go
  • ZMan2: $DKNG is up 10% HOD.
  • ZMan2: @scottrades $DKNG Definitely gap & going. Currently up 16%.
  • ZMan2: $DKNG is up 6% after hours on Earnings Beat & Increased 2023 revenue guidance.
  • ZMan2: $DKNG to report earnings after the bell Thursday Nov 2.
  • traderbren: $DKNG - back above the 50d
  • woodman: $DKNG back to the bottom (rising support line) of the wedge/100d.
  • woodman: $DKNG fell out of wedge
  • scottrades: $DKNG still looking decent right now
  • Auto: $DKNG Donkey Kong working added long daily
  • scottrades: My notes: $SPY 0.00% $QQQ Under resistance $IWM Trying to find a floor $UUP Sideways $TNX Highest close since August 2007 $GLD Still worth watching $GDX Perky $SMH Decent recovery $IGV Above the MAs $XLE Weekly still looks bullish $GBTC Holding the gap $MSFT News After Hours $ADBE Good volume $AMZN Under the 50 Day $ANET Watch 199 $GOOGL Still great $META Fine $NVDA Could have been worse $AMD Trendline back test $TSLA BMW using NACS $DKNG Watch for the BO $GWRE Flag $HAL Watch this key level $EQT Great volume $SLB In a good group $AXON mentioned yesterday $RELY Working
  • scottrades: ...
    $DKNG Tightening up
    $ADBE BO Alert at 570

    Just a reminder Dan is away this week.

    Let’s have a great day!

    Scott

  • bigbartabs: @scottrades $UUP $GLD $USO $GBTC $SSO $QLD $AMD $NVDA $GOOGL $COIN $PLTR $GDX $DKNG $ADBE ... $BITO jumped up this morning. I presume that the crypto news on ETFs will be good for BITO from here?
  • Auto: $MSTR $OWL $ARM $RIVN $DKNG added long daily
  • vitoB: @Auto $MSTR $OWL $ARM $RIVN $DKNG … in $RIVN and $MSTR as well
  • Auto: @vitoB $MSTR $OWL $ARM $RIVN $DKNG Two thumbs up!
  • scottrades: $DKNG Green along the 50 Day
  • ZMan2: $DKNG is up 4% as Needham maintained a $44.00 price target.
  • woodman: @ZMan2 $DKNG - nice wedge setting up (starting from August).
  • woodman: @scottrades $DKNG - I like the wedge set up (from August high and August low).
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Stock Price $42.21
Change -6.07%
Volume 13,359,700

DraftKings Inc is a digital sports entertainment and gaming company. The firm provides users with daily fantasy sports, sports betting, and iGaming opportunities. It offers online and retail sports wagering offerings, online daily fantasy sports contests, and online casino games. The company generates its revenue from online gaming which includes daily fantasy sports, iGaming, and Sportsbook. Geographically, it generates revenue from the United States.

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