i havent 'published an idea' in quite some time and figured would throw something together right quick.
i am quite bullish on DKNG and taking look at daily chart on this pullback last few days, i am seeing couple of opportunities to add some shares potentially.
Currently today, it has dropped below its 8d ema intraday and ideally would like to see a close above that level.
We also have recent uptrend support around mid 58s.
Next would be feb 2 low test of 58.39 (that was gap up on ARK invest purchases)
If that should fail, horizontal support should be found in the 56-57 region.
i am quite bullish on DKNG and taking look at daily chart on this pullback last few days, i am seeing couple of opportunities to add some shares potentially.
Currently today, it has dropped below its 8d ema intraday and ideally would like to see a close above that level.
We also have recent uptrend support around mid 58s.
Next would be feb 2 low test of 58.39 (that was gap up on ARK invest purchases)
If that should fail, horizontal support should be found in the 56-57 region.