maatspencer

DKNG LONG - upwards breakout out of resitance channel

Long
maatspencer Updated   
NASDAQ:DKNG   DraftKings Inc.
I entered at $38.49 and was planning to sell at $50, but upon further review I am going to hold. It looks like it just broke out of it previous resistance point ($46.35) and is headed upwards. Looking at a Multiple time frame analysis we also just had an upwards crossover event November 17th where all of my short term MAs crossed over.
Trade active
Trade closed manually:
Sold shares at $47.18, but intend to buy back in in the near term
Trade active:
Re-entered at $50.18
Trade closed: target reached

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