Erictaylor

Draftkings

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NASDAQ:DKNG   DraftKings Inc.
This is gearing up for a huge move. It’s been slow and boring for a while but actaillt holding up stronf. After breakout of large downtrendinf riwstance around earnings we failed a double top but the stock is resilient and doesn’t want to drop. The bulls are holding 17$ area and hienstly the reward seems greater here to long with a stop below 16.50s

Target is 28$ could be a bullflag. Obvisouly 19.50 hold could be a more convincing long and we could wait for that entry as well but this is gearing up for a big move and my thought and thesis is to the upside here soon. As long as we remain above 16.50 this is getting ready for blast off.

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