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DraftKings Stock Looks Ready to Bounce Higher
DKNGDraftKings(DKNG) Schaeffers Investment Research·2024-10-29 19:00

DraftKings Inc (NASDAQ:DKNG) stock is 0.3% higher to trade at $36.65 at last check, and sports a 35.9% year-over-year lead. Shares spent a good portion of October attempting -- and failing -- to conquer the $39 level, after a September rally fell short of the $43 level. Most recently, however, the security pulled back to a historically bullish trendline that may just be its ticket higher.According to data from Schaeffer's Senior Quantitative Analyst Rocky White, DraftKings stock is now within striking dista ...