Based on all information around this stock, current level of 23-25 is a balance with break-out setting to push to 30 in a very short-term to strong resistance.
MA 20 (red) & Fib levels to become support upon breaking.
MA 50 (yellow) current support.
Thoughts are welcome.
Not an advice.
MA 20 (red) & Fib levels to become support upon breaking.
MA 50 (yellow) current support.
Thoughts are welcome.
Not an advice.
Trade closed: target reached:
@ 29-30 level consolidation with 50% ATR for few days.
Target reached positions are reviewed depending on risk level (fix profit and underweight, overweight, hold - individual cases).
Bullish long-term with potential one more pull back by end of Dec.
May repeat the story of $DKNG.
Target reached positions are reviewed depending on risk level (fix profit and underweight, overweight, hold - individual cases).
Bullish long-term with potential one more pull back by end of Dec.
May repeat the story of $DKNG.