Draftkings Inc

DKNG is carving out an early Stage 1 base after the terminal decline, with price oscillating in a narrow range and short-term EMAs flattened under the tape. Long-term trend remains bullish, and medium-term bias favors a rebound, but short-term timing lacks a clear entry edge as price sits around the 9/21 EMAs. We will stalk for a pullback into the base support and EMA zone before committing.

• ↑17% Q1 revenue growth to $1.6B in Q1 2026
• ↑64% YoY adjusted EBITDA surge, guiding $700–900M for FY26
• ↓Negative earnings yield and weak profitability metrics raise concerns