DKNG i believe is going on Wave 3 at the moment. Wave 1 took 52 days and Wave 2 27 days which is roughly half of 52 and it also retraced nearly 50% (didn't quite get there and this show weakness).
I anticipate DKNG to fall further.
DKNG should make a small top around June 21 and it should fall off from there.
Time will tell.
As Gann said, Time is more important than price.
I anticipate DKNG to fall further.
DKNG should make a small top around June 21 and it should fall off from there.
Time will tell.
As Gann said, Time is more important than price.
Note
this analysis has shown to be correct ... except that i didnt short it ....
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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.