I've been disappointed in $DKNG. I have a trade on and I'm currently upside down. I like the business model on this but I will let price action guide me. I am looking for this to break up and regain the 50 SMA where I have an alert. If it can do that I will be adding to my position. If not, I will be liquidating and re-evaluating. Ideas, not investing / trading advice.
Trade closed manually
I dumped this dog yesterday (10/26). I still like the story but the institutional investors have and continue to sell as well as insiders sold about $52mm in shares in the $55 range... This one needs time to heal.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.