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TizTrader
Aug 29, 2021 7:19 PM

DRAFTKINGS - Technical analysis  

DraftKings Inc.NASDAQ

Description

DKNG shows a clear impulse structure. As expected, the sub wave (3) has reached its target. Now it might slowly begin to correct. It is important that the market remains with a possible correction above 51.27.

The running wave 3 can extend even more.
- 62.35
- 63.66
- 65.87
are possible targets for this wave.

Overall, I see dkng as very bullish and expect prices over 70 dollars.

Comments
TORNADOF5
hey , i think it will go down to 54.60 fore some time only then it will go new high , what do you think ??
im very new , thank you :}
TizTrader
@avi417 thats also possible 👍
TORNADOF5
@TizTrader, wow thank you a lot .
Mihai_Iacob
Looks good,thanks for the heads up
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