Power Plays New Idea: DKNG
September 23, 2024
By Scott Redler
Name: Draftkings
Ticker: DKNG
Price: $39.66
Needs to Hold: $35 to $37.50
Price Objective 1: N/A
Price Objective 2: N/A
I'm adding Draftkings (DKNG) to Power Plays here.
It's showing nice relative strength and should be a near-term momentum favorite.
The real trigger here is the $40.50 area. If it gets over that, this stock could take off.
-Scott
Scott Redler Positions Disclosure as of 2024-09-23 at 2.58.03 PM