AidanMDang

$DKNG | 1H Bull Flag Breakout and Retest

Long
NASDAQ:DKNG   DraftKings Inc.
$DKNG broke out of an hourly bull flag and bounced perfectly at the flag/structure retest.

We can expect continuation to the upside with a break & close above $62.25 as confirmation.
Targeting the previous highs at $64.50. Invalidation below $59.5

Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.