|Day Low/High||41.76 / 43.49|
|52 Wk Low/High||9.85 / 64.19|
We're waiting for buy signals that tell us when it's worth placing bets on these two stocks.
Charts and indicators for DKNG look weak.
Looking at the 3 D's: Disney, DraftKings, and Domino's.
Trying to grab a bargain while a stock is falling is fraught with risk; better to wait until a true bottom has formed before buying.
The warrants are trading at a fairly heavy discount.
I'm not bearish PENN in the long-term, but shares are trading 50% above their 50-day simple moving average.
So let's have Caesars take us there, as the casino name looks set to run to a new 52-week high.
The parabolic stop-and-reverse has flipped bullish, so momentum and trend continue to favor the bulls. Here's how I'm trading it.
We have gone from banning former players for shaking hands and smiling for pictures to inviting sports gambling right into the venues that house the events themselves.
The charts and indicators of DKNG are looking a little risky for longs.
Speculative chasing has slowed and there's only a small handful of big movers.
The stock has a V-bounce appearance to the price action.
The DKNG scenario is like a football game, with bulls on one side of the line of scrimmage, and bears on the other side.
We may be seeing the beginning of a change in market leadership.
The charts of DKNG are still bullish.
I'm focused on the short-term picture for a trade here.
In this example, a headline about Nikola mislead investors while also creating a quick trade opportunity.
The new options are trading on the stock, so using a put spread might be a better way to target a lower entry.
I see NERD and new BETZ as great bets in the emerging sports betting and iGaming industry that will see gross gaming revenues reach a $1 trillion in the next decade.
And the reality is that the more money you make, the more likely you can contribute to the causes that you care about.
What is most notable is that the Covid-19 plays are leading again.
For traders, it may be time for you to embrace the sloppy seconds on the trading and scalping side.
Video gaming has been a beneficiary of the 'stay-at-home' theme during the Covid-19 pandemic.
RH has gone from $80 to $170 and look at the action for SmileDirectClub and others, but let's now set our sights on the iShares Russell 2000 exchange-traded fund.
Our analysis and trading strategy on the newly public company.
What the heck is going on with the VectoIQ stock vs. the VectoIQ Warrants? Let's tackle it right here.
This is a name I think traders need to be in before sports actually get going if they want to catch the biggest portion of the short-term upside.