Bad Break In DraftKings Sent It To The Swing Trading Bench.

Autor:	NIELSEN, JUSTIN (AUTHOR)
Předmět:	BAKER, Charlie, 1956-, NATIONAL Collegiate Athletic Association, RELATIVE strength index (Securities), EMPLOYMENT statistics, RUNNING backs (Football), BASKETBALL rebounds
Zdroj:	Investors Business Daily. 4/5/2024, pN.PAG-N.PAG. 1p.
Abstrakt:	This article from Investors Business Daily discusses the swing trading strategy used with the stock of DraftKings. The author explains that swing trading involves quickly moving on from a stock that has experienced a significant decline, rather than waiting for it to recover. The article provides an example of how DraftKings initially performed well but then suffered a decline due to news about potential betting restrictions. The author highlights the difference between swing trading and position trading, with the former being more focused on quick trades and the latter being more patient. The article concludes by emphasizing the importance of finding a trading strategy that aligns with one's personal style. [Extracted from the article]
Databáze:	Regional Business News
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