Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
DKNG strong resistance trendline with low volume node support
DraftKings Inc.
Long
DKNG strong resistance trendline with low volume node support
By wendigooor
Follow
Follow
Oct 24, 2021
5
Oct 24, 2021
The $43-$46 is clear S/R zone through the last one and a half years.
1st target: $55, this was a clear zone of resistance 5 times last calendar year.
2nd target: $60, second huge resistance area
Invalidation: price <$44
Stock is very volatile so I recommend a play via Dec calls
Chart Patterns
Technical Indicators
support
wendigooor
Follow
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
.