CryptoMcG

DKNG Reversal in the Works?

Long
NASDAQ:DKNG   DraftKings Inc.
1. The high volume (probably mostly from the Jordan news)
2. Bar broke above the ascending triangle
3. Forming a decent hammer (will wait for further confirmation tomorrow)
4. RSI making a move back up
5. MA all starting to move in the right direction

I'm a novice trader but have been studying DKNG for some time now. I think we'll see a nice run up to the $43 to $45 range before correcting.
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.