By Nigam Arora & Dr. Natasha Arora
Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal. Typically Signal Limited has higher risk-reward compared to a Signal over the short term.
DraftKings (DKNG) is long from $17.74. It is trading at $43.62 as of this writing. This represents a profit of 146%.
The Super Bowl is ahead this weekend. Record Super Bowl betting is expected.
The target zone is being raised to $63 – $68.
What To Do Now
For tracking purposes, the stock will continue to be held. However, understand that there may a “sell the news” reaction on Monday. For this reason, depending upon the rest of your portfolio, there is merit to taking partial profits on a small quantity.
Those not in the stock may consider waiting for a new signal on the Real Time Feed when the air clears after potential record Super Bowl betting.
You missed out on the last 146% gain. Do not miss out when new signals are given on DKNG and other sports betting companies such as MGM Resorts (MGM), Caesars Entertainment (CZR), and PENN Entertainment (PENN).
To take a free 30-day trial to paid services to gain access to more opportunities, please click here.
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