officialstephenkalayjian
Oct 3, 1:41 AM
🚨
$DKNG WATCHING FOR A BREAKOUT
📈 Price:
$18.59
📊 Volume: Above average
🔥 Catalyst: NFL season ramp-up and strong parlay/same-game-parlay adoption are fueling handle growth heading into Q3 earnings.
🎯 Resistance:
$20.25
🛡️ Support:
$17.40
Bull case: A clean break above
$20.25 on strong volume could spark a momentum run toward the low
$22S.
Bear case: Failure to hold
$17.40 support opens the door to a retest of the
$16 zone amid promo spend concerns.
👀 What I'm watching: Watching for a volume-backed close above resistance along with sector strength from peers like
$FLUT and
$MGM.
Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to stay connected with me @officialstephenkalayjian and checkout my bio link.
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