TradingView
Knight_Trading22
Jan 3, 2022 1:42 AM

$DKNG to ~$18 area Short

DraftKings Inc.NASDAQ

Description

Head and shoulders pattern for DKNG -- looking for it to move back to the ~$18 area to complete the downtrend.
Comments
Motrades
$18 then $11 if $18 failed to hold
Zeppilli_Group
@Motrades, Then zero? Like.. common.
lmuhametaj
How about $2?
Knight_Trading22
Based on the chart, 18 looks like the logical place for it to level out (based on the symmetry of the head and shoulders). Could go lower though.
cbanksrn
My calculations say the head and shoulders would be complete at $25.
cbanksrn
What makes you think it is going to $18 when it hasn’t even been able to break $25?
More