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Betting Chaos: DraftKing (DKNG) - Sportsbook Squeeze Options Play 🎲
💡 Q3 earnings Nov 6 expected to show revenue growth (+12% YoY) despite EPS losses. Analyst consensus hasn't cratered yet ($51.20 PT). Watch for hold rate guidance, Q4 bookings, and partnership announcements—here's the playbook
🚀 Three mechanical profit-taking tiers: $33-34 (take 50%), $35-36 (take 75%), $36-38 (trail 25%). Entry zones defined by technical support. Risk management: Hard stop at $25, position size capped at 1-3% of account
Trade smart, stay patient, and may your stops never get hit!
This technical analysis for stock ticker DKNG (aka DraftKing) is for educational and informational purpose only and should not be considered financial advice. Always conduct your own research before making any investment decisions. Definitely paper trade strategies mentioned in this episode to get best learnings out of this!!
#StockKaka
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By Stock Kaka💡 Q3 earnings Nov 6 expected to show revenue growth (+12% YoY) despite EPS losses. Analyst consensus hasn't cratered yet ($51.20 PT). Watch for hold rate guidance, Q4 bookings, and partnership announcements—here's the playbook
🚀 Three mechanical profit-taking tiers: $33-34 (take 50%), $35-36 (take 75%), $36-38 (trail 25%). Entry zones defined by technical support. Risk management: Hard stop at $25, position size capped at 1-3% of account
Trade smart, stay patient, and may your stops never get hit!
This technical analysis for stock ticker DKNG (aka DraftKing) is for educational and informational purpose only and should not be considered financial advice. Always conduct your own research before making any investment decisions. Definitely paper trade strategies mentioned in this episode to get best learnings out of this!!
#StockKaka