DraftKings Inc Class A (DKNG)

21.40
0.78 3.52
NASDAQ
Prev Close 22.18
Open 22.39
Day Low/High 21.33 / 22.85
52 Wk Low/High 22.12 / 74.38
Volume 23.96M
Exchange NASDAQ
Shares Outstanding 799.54B
Market Cap 18.54B
P/E Ratio N/A
Div & Yield N.A. (N.A)
Quant Rating on 4:00 PM EST 1/19/2022

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.

This is a stock worth owning as telecommuting options are likely to outlive the pandemic.

I Find Everi Digital's Continued Revenue Expansion Intriguing

I Find Everi Digital's Continued Revenue Expansion Intriguing

The parabolic stop-and-reverse has flipped bullish, so momentum and trend continue to favor the bulls. Here's how I'm trading it.

How to Bet on DraftKings as Michael Jordan Joins as 'Special Advisor'

How to Bet on DraftKings as Michael Jordan Joins as 'Special Advisor'

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.

Don't Bet Heavily on DraftKings Right Now

Don't Bet Heavily on DraftKings Right Now

The charts and indicators of DKNG are looking a little risky for longs.

The Stock Picking Is Becoming Much More Difficult

The Stock Picking Is Becoming Much More Difficult

Speculative chasing has slowed and there's only a small handful of big movers.

DraftKings Reports Friday, but I'm Playing Landcadia

DraftKings Reports Friday, but I'm Playing Landcadia

The stock has a V-bounce appearance to the price action.

Drawing Up a Trading Strategy for DraftKings

Drawing Up a Trading Strategy for DraftKings

The DKNG scenario is like a football game, with bulls on one side of the line of scrimmage, and bears on the other side.

Why the Party May Be Over for Tesla and Speculative Stocks

Why the Party May Be Over for Tesla and Speculative Stocks

We may be seeing the beginning of a change in market leadership.

DraftKings Rated New Buy at Jefferies

DraftKings Is Set to Trade Higher but Raise Sell Stops Anyway

DraftKings Is Set to Trade Higher but Raise Sell Stops Anyway

The charts of DKNG are still bullish.

DraftKings Bulls Await Word on Professional and Collegiate Sports

DraftKings Bulls Await Word on Professional and Collegiate Sports

I'm focused on the short-term picture for a trade here.

Caveat Emptor: Look Behind the Headlines Before You Make a Stock Move

Caveat Emptor: Look Behind the Headlines Before You Make a Stock Move

In this example, a headline about Nikola mislead investors while also creating a quick trade opportunity.

It's Tough to Chase Nikola, so Try This Setup Instead

It's Tough to Chase Nikola, so Try This Setup Instead

The new options are trading on the stock, so using a put spread might be a better way to target a lower entry.

Play eSports With These 2 ETFs

Play eSports With These 2 ETFs

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.

Jim Cramer: The Market Makes No Judgment Calls, Investors Do

Jim Cramer: The Market Makes No Judgment Calls, Investors Do

And the reality is that the more money you make, the more likely you can contribute to the causes that you care about.

Traders Ignore the News and Focus on 'Hot Pockets'

Traders Ignore the News and Focus on 'Hot Pockets'

What is most notable is that the Covid-19 plays are leading again.

Alternative Stocks That Can Be Golden

Alternative Stocks That Can Be Golden

For traders, it may be time for you to embrace the sloppy seconds on the trading and scalping side.

Playing for Profits With Video Gaming Stocks

Playing for Profits With Video Gaming Stocks

Video gaming has been a beneficiary of the 'stay-at-home' theme during the Covid-19 pandemic.

These Stock Jumps Boggle the Mind, but Let's Think Small

These Stock Jumps Boggle the Mind, but Let's Think Small

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.

Is It Time to Bet on DraftKings?

Is It Time to Bet on DraftKings?

Our analysis and trading strategy on the newly public company.

The VectoIQ-Nikola Deal Certainly 'Warrants' Your Attention

The VectoIQ-Nikola Deal Certainly 'Warrants' Your Attention

What the heck is going on with the VectoIQ stock vs. the VectoIQ Warrants? Let's tackle it right here.

Here's the Trade I'll Likely Roll With for DraftKings

Here's the Trade I'll Likely Roll With for DraftKings

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.

Invest in WORK as More Companies Give Employees Some 'Slack'

Invest in WORK as More Companies Give Employees Some 'Slack'

This is a stock worth owning as telecommuting options are likely to outlive the pandemic.