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BW11
Jan 11, 2021 6:58 PM

CRSR & DKNG Trade Idea 

DraftKings Inc.NASDAQ

Description

Both are forming wedges. Good to go
Comments
TheSignalyst
Beautiful chart here. Keep it up. And waiting for the upward breakout too
BW11
@TheSignalyst, thanks! =)
Carolcarr
Honestly you do a Very nice job
BW11
@Carolcarr, thanks! =)
jUiCE_Trades
nice idea, dkng testing major downtrend resistance here break over 54.30 we'll see a retest to ATH soon, great run today with news from NY on a push to allow mobile betting and Lots of potential catalyst to help this thing run
BW11
@jUiCE_Trades, yea, but I saw that by EOD, it got pushed into the wedge again. WIthout high volume, it couldn't stay above the wedge. Perhaps, in the next few days, it will break out. I think it may have to drop down to test the lower wedge before continuing higher.
kentoe0001
I was looking for the CRSR confirmation but the MacD never actually crossed. sure enough it sold off off and closed within the wedge. False breakout? could see it drop back once more to $35 levels possibly before the breakout
BW11
@kentoe0001, very true. the next few days are critical. Today, it continues to stay above wedge. we'll see
jUiCE_Trades
*ONLINE SPORTS BETTING TO START IN MI THIS WEEK: CREDIT SUISSE
DKNG
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