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DKNG – Echo Trade Setup

Alert:

Buy $80 May-21 Calls

Price:

$1.30 (plus or minus $0.30) (or shares if you are more comfortable)

Stop:

Down below the support around $56 if we get a sustained move in that area. 

Resistance Zone

To clear at the $67-$68.

Exit:

Target 1 $79 

Target 2 (stretch goal) $86

DKNG has pulled back and held the support zone.  It may see a little more retrace to test support again.  

If this is your first echo trade I strongly suggest watching the masterclass for proper trade sizing in your account BEFORE taking the trade.  

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Daily Profit Publishing and Rob Booker do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor. We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.