June 10, 2025, 01:20 am ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DKNG
- Buy DKNG near 32.67 target 38.12 stop loss @ 32.58 Details
The technical summary data tells us to buy DKNG near 32.67 with an upside target of 38.12. This data also tells us to set a stop loss @ 32.58 to protect against excessive loss in case the stock begins to move against the trade. 32.67 is the first level of support below 36.2 , and by rule, any test of support is a buy signal. In this case, support 32.67 would be being tested, so a buy signal would exist.
- Short DKNG slightly under 38.12, target 32.67, stop loss @ 38.23 Details
The technical…