Comments on: Trade Ideas & Market Analysis 5-21-20

By: Araleia

Araleia — Thu, 21 May 2020 23:22:01 +0000

In reply to chuynh88. It's up another 8% after hours. Bought a cheap call option, should have doubled my money by tomorrow morning. Hopefully it will travel to the top of the channel as planned. Thank you Randy for recommendation.

By: chuynh88

chuynh88 — Thu, 21 May 2020 19:34:19 +0000

TLRY breaks out

By: becky

becky — Thu, 21 May 2020 19:22:17 +0000

In reply to Jtrade236. IB has about 531k

By: Jtrade236

Jtrade236 — Thu, 21 May 2020 19:02:01 +0000

In reply to becky. TD didn't have any shares to short DKNG.

By: rsotc

rsotc — Thu, 21 May 2020 17:07:50 +0000

In reply to becky. Agreed, not a lot of price history to get a long-term view on the daily or weekly charts but DKNG is walking up a trendline that's about as well-defined as a trendline can get. As such, sell signal on DKNG to come on a solid break below the uptrend line with some potential targets marked on this daily chart. Thx for passing it along.

By: becky

becky — Thu, 21 May 2020 16:58:20 +0000

Stumbled upon DKNG the other day. Nice upward channel, PPO seems to be finally crossing, heavily overbought and about no support below for 33% all the way down till $18 level, rejected off 31.65 so far. Just throwing some short ideas on potential break out of the channel. Maybe Randy is gonna find it worth to have a look at. (new stock though so not much history)