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ivanlarav
Oct 19, 2021 4:04 AM

$DKNG GETTING READY FOR A +40% MOVE! Long

DraftKings Inc.NASDAQ

Description

What Is the Accumulation Area?
The accumulation area on a price and volume chart is characterized by mostly sideways stock price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time.

Source: investopedia.com/terms/a/accumulation-area.asp

1HR
- Price trading sideways since late September.



Analyst Price Target on DKNG (TipRanks)
High: 105
Average: 70.06 (44.01% Upside)
Low: 41


Comment

News.
Today, @0xPolygon and @DraftKings have entered into a strategic blockchain collaboration for DraftKings Marketplace. Additionally, DraftKings is also now able to become a validator on the Polygon network. Further details are available here: bit.ly/3G1btc2 #NFT

Source: twitter.com/DraftKingsNews/status/1450089669396475907
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