Bullish. Let me just lead with that. I've played numerous calls over the last few months. Huge fan of the stock, the chart, and the company.
So of course I am back ready for more calls. DKNG follows PENN a lot don't forget that.
Right now I am watching:
jAN 22 $55 WEEKLY CALL FEB 19 $60 CALL
Most of my target calls I will not even think about until Thursday or Friday.
On the top chart, the 4 hour, top resistance setting it at the $55.19. Bottom support should be around the low $44 area.
The moving averages are packed very tightly - they appear to have flattened out and are trying to turn sideways.
Bottom chart, I went with the weekly, because I wanted to show the volume trend over the life of the stock. Notice the peaks between Sept-Nov an the gradual cool down since then. Would like to see some of that range come back.