DKNG — A Diamond in the Rough?

2021-03-08 / Danielle Shay

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The momentum market has rolled over and died, but it forgot to take DKNG with it. It’s a honey badger, and it is holding up nicely on the 50 SMA, where buyers keep coming in. Let’s look at an entry point and talk about how I’m controlling risk.

Danielle Shay

Danielle Shay is a self-made trader, market analyst, and director of options at Simpler Trading. Initially drawn to trading for financial freedom and to support her son, she now teaches, trades, and provides market commentary. With a background in teaching, Danielle aims to simplify trading concepts for all skill levels. She is a regular expert guest on media outlets like CNBC, Fox News, and Yahoo Finance. Her primary trading focus is on relative strength setups using equity options, stocks, and ETFs. She contributed to John Carter's "Mastering the Trade" and champions the belief, "If I can do it, you can do it!".

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