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(DKNG) On The My Stocks Page
Warning:
The trading plans were valid at the time this was published, but the support and resistance levels for DKNG change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
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Instructions:
Use the basic rules of Technical Analysis. Here are some examples: if DKNG is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
Swing Trades, Day Trades, and Longer term Trading Plans:
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for DKNG too. All of these are offered here: Access our Real Time Trading Plans
Longer Term Trading Plans for DKNG
- Buy DKNG slightly over 39.24 target 44.62 stop loss @ 39.13
- Short DKNG slightly under 44.62, target 39.24, stop loss @ 44.75
Swing Trading Plans for DKNG
- Buy DKNG slightly over 44.62, target 50.12, Stop Loss @ 44.49
- Short DKNG slightly near 44.62, target 42.46, Stop Loss @ 44.75.
Day Trading Plans for DKNG
- Buy DKNG slightly over 43.54, target 44.62, Stop Loss @ 43.44
- Short DKNG slightly near 43.54, target 42.46, Stop Loss @ 43.64.
DKNG Technical Summary | Raw Data for the Trading Plans
Term → | Near | Mid | Long |
---|---|---|---|
Bias | Strong | Strong | Strong |
P1 | 0 | 0 | 39.24 |
P2 | 41.34 | 40.47 | 44.62 |
P3 | 43.54 | 42.46 | 50.12 |
![DKNG Long Term Analysis for June 18 2024 DKNG Long Term Analysis for June 18 2024](https://news.stocktradersdaily.com/media/309962_DKNG_graph.jpg)
COMTEX_453983306/2570/2024-06-18T19:49:30