( Take a look at Carter’s worthcharting.com for actionable suggestions and live nighttime videos.) Online sports wagering business DraftKings (DKNG) has yet to recover its losses connected with the stock exchange’s tariff-related sell-off. DKNG peaked in mid February (like the S & & P 500 Index) and after that sold hard, up until ricocheting in early April (like the S & & P 500 Index) however has yet to make brand-new highs (the S & & P 500 Index is above its pre-sell-off February peak). Our thinking here is to play DraftKings for a catch-up trade; our company believe the stock is headed back to its Feb. 14 high of $53.65. A potential relocate to stated high would represent a gain of 17% from existing levels (DKNG is $45 at the time of this writing). The 4 (4) similar charts listed below inform the tale. There are lots of methods to “fix a limit” and any which method one does fix a limit, the ramifications are bullish: purchase DraftKings. Similar DKNG chart 1 of 4 One method to “fix a limit” … Similar DKNG chart 2 of 4 Another method to “fix a limit” … Similar DKNG chart 3 of 4 Still another method to “fix a limit” … Similar DKNG chart 4 of 4 Yet another method to “fix a limit” … DISCLOSURES: (None) All viewpoints revealed by the CNBC Pro factors are entirely their viewpoints and do not show the viewpoints of CNBC, NBC UNIVERSAL, their moms and dad business or affiliates, and might have been formerly shared by them on tv, radio, web or another medium. THE ABOVE CONTENT GOES THROUGH OUR TERMS AND ISSUES AND PERSONAL PRIVACY POLICY. THIS MATERIAL IS ATTENDED TO INFORMATIVE FUNCTIONS JUST AND DOES NOT CONSITUTE FINANCIAL, FINANCIAL INVESTMENT, TAX OR LEGAL GUIDANCE OR A SUGGESTION TO PURCHASE ANY SECURITY OR OTHER FINANCIAL POSSESSION. THE MATERIAL IS GENERAL IN NATURE AND DOES NOT REFLECT ANY PERSON’S DISTINCT INDIVIDUAL SCENARIOS. THE ABOVE MATERIAL MAY NOT APPROPRIATE FOR YOUR PARTICULAR SCENARIOS. BEFORE MAKING ANY FINANCIAL CHOICES, YOU NEED TO HIGHLY THINK ABOUT CONSULTING FROM YOUR OWN FINANCIAL OR FINANCIAL INVESTMENT CONSULTANT. Click on this link for the complete disclaimer.
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