I do think DraftKings will be consolidating further. And in the short term drop.
On the weekly we have both negative and positive divergence. Although we also have a drop in volume. I think due to the overall fear in the market. There does not seem to be enough volume to break the right shoulder that appears to be forming in this H&S pattern.
Good luck to all traders and do your own DD. This is not trading advice.
On the weekly we have both negative and positive divergence. Although we also have a drop in volume. I think due to the overall fear in the market. There does not seem to be enough volume to break the right shoulder that appears to be forming in this H&S pattern.
Good luck to all traders and do your own DD. This is not trading advice.