lauralea

Channel Down

lauralea Updated   
NASDAQ:DKNG   DraftKings Inc.
This landed at C, so it could be called ABC Bullish but there is a resistance line from the channel down.

Entry long with a clean break of this line, otherwise this will bounce back to lower trendline of the channel, or further if the support line does not hold.

EARNINGS 11-4 BMO.

Short interest is around 9%.

Possible stop below C if long.

No recommendation.
Comment:
Damn?broke the channel!/
overall trend remains down
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