DNKN broken down most recently formed upward channel. It also had a rising wedge formation which also broken down.
It also has longer term channel formation & downtrend support where it can come down. So we are looking for a longer term target of 35.37
On the option side we would $45 March puts
You can check our detailed analysis on DNKN in the trading room/ Executive summary link here- youtube.com/watch?v=Nmdl5wTignY Time Span: 10:40" Trade Status: Pending
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.