Mama Cathie sold DKNG
Hey,
this is my first analysis and I'm not a native speaker so please bear with me.
Cathie Wood sold after she bought a bit higher.
Massive downward momentum in price after going sidewards for one month.
I see more downside here, long term support already violated. Next upcoming violation is base of Head and Shoulders.
Fibonacci targets TP1: 43.35$ (6%) TP1: 37.55$ (18%)
Stop loss: 48.20$ (a bit over the bottom of previous sideward move)
this is my first analysis and I'm not a native speaker so please bear with me.
Cathie Wood sold after she bought a bit higher.
Massive downward momentum in price after going sidewards for one month.
I see more downside here, long term support already violated. Next upcoming violation is base of Head and Shoulders.
Fibonacci targets TP1: 43.35$ (6%) TP1: 37.55$ (18%)
Stop loss: 48.20$ (a bit over the bottom of previous sideward move)
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.