SamSuka
The Long Investor
The Long Investor

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$DKNG

I am very impressed with $DKNG's chart and counts.

Wave 5 completed and it has dropped very well now in a controlled corrective wave of 3 waves.

Price is still above its 0.5 Fib so we need to see more to confirm that Wave C is complete or there will be a drop down to the 0.618 Fib at $25 to complete

$DKNG beat on earnings but they are still not profitable

Once support is held on either the 0.5 Fib or 0.618 Fib, this may be attractive to many.

$DKNG

Comments

Great week here! Looks like that .5 fib has proven bottom potentially. What are your thoughts now ??

Jon marconi

DK is implementing surcharges for winning bets in 4 states Jan 2025. Should help margins

Brian

The update I’ve been waiting for! 🫡

Ryan Hux

*dk missed on earnings in q2 *dk posted a .12 cent per share profit in q2

DR


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