$DKNG
Added 2024-05-28 10:51:25 +0000 UTCDown -7% in the PM now on news:
'shares are trading lower after the Illinois Senate approved a 2025 budget imposing a progressive tax increase on sports betting operators.'
Concerns would likely be that other states follow suit here and impose a tax increase on sport betting operators.
Regardless of this, a chart was showing a decline was coming next for Wave C.
A lower low is now made so we will have to see how low this will go.
Analysts also gave a PT of $60 for $DKNG this morning too.
Next test will likely be the 200 Day MA at $36.80
Comments
I think so….its far ahead of it’s competitors in the US
Gareth Neary
2024-05-28 12:37:21 +0000 UTCI've always felt like long term this stock will do great.
Clint M
2024-05-28 12:21:32 +0000 UTC
