Leisure Time

by | May 9, 2023

In the middle of all the recent confusion and angst, people have been having a ball.

While the world has been wringing its collective hands worrying about the Fed, interest rates, and inflation, people have been enjoying their leisure time.

A short time ago, we talked about how hot the Gaming/Leisure sector has been, and we specifically mentioned a breakout point for DraftKings Inc. (DKNG) of $21.62.

Well, Gaming/Leisure is still hot and DKNG broke out:

It busted through that possible entry level and is now up 14%. A profit target of $26 is not far away. 

So, are there any other Gaming/Leisure stocks that are ready for a move?

Sportradar Group AG (SRAD) looks like it could be next:

A break above $13.70 could lead to a big move.

In these confusing times, people have started to enjoy leisure.

And the stocks in this genre have been moving up nicely.

Happy trading,

Scott

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