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.