BBTrader29

DKNG 6 tap breakdown

Short
NASDAQ:DKNG   DraftKings Inc.
DKNG had a complete sell off after showing strength and a buy up this morning. Its a bull trap and closed red on the day leaving a long sell off wick above the moving average. Looks like this moving average will act as short term resistance now. The 48 level has been tested 5 times and it looks as though its heading for a 6th, looking to see a breakdown to the 45 range.
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