DKNG is presenting an undeniable Head and Shoulders pattern on it's all-time chart, with 1w candles. RSI showing extreme bearish divergence, pulling back significantly since IPO despite bullish price action. Accumulation/Distribution reveals that shares are at the highest accumulation point since DKNG's first day of trade. RSI pulling back off this resistance would coincide with a completion of this Head and Shoulders pattern.
Comment:
H/S is complete at neckline. Feel free to go long