DKNG is in a downtrend currently due to increased NFL COVID cases.
If it doesn't bounce up at $47-$47.55 then we should see $40.
If it does bounce up, depending on if there is news or not, it should continue its original channel uptrend
If it doesn't bounce up at $47-$47.55 then we should see $40.
If it does bounce up, depending on if there is news or not, it should continue its original channel uptrend
Comment:
looks like it bounced ahead of schedule and fell back into the original channel
Comment:
I hope this chart helped someone. We are nearing $40 if we break ....ohhh boy. but $40 might be bottom. I will create an updated chart later today.
Manage Risk Properly
Manage Risk Properly
