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