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DKNG

DKNG might be dead for awhile! Wheres the BOTTOM?DKNG head and shoulders broke out... Now, how far down can we go? next support for me is at 34.30, if NFL has more COVID cases and more games are being delayed or rescheduled we could see DKNG down to the low 30's. Right now it is sitting at the bottom of my channel could we possibly bounce off the bottom of the channel or keep running down. lots of upside for DKNG to run up in the channel but with this pandemic and political factors coming into play i'm bearish on DKNG
NASDAQ:DKNGShort
by jUiCE_Trades
DKNG looking to bleed moreI posted this chart with the bull flag a week ago, we broke out hit my take profit zone around 65 and making our way back down. Could see a move down to 46.20 (.618) and then you could start scaling in for calls i would set stop loss at 43.60. If we break below 43.60 overall move would be back down to $36 support zone. Im seeing a potential head and shoulder so my theory is we can ride that right shoulder up and bears will bring it back down. We filled that gap at 53$ and making our way down to fill the gap at 51$ this is good for us bulls now we just worry about filling that gap up now!
NASDAQ:DKNGShort
by jUiCE_Trades
DKNG Pull back! DKNG 15 MIN DKNG forming a head and shoulders looking to bleed more! News came out that several NFL players have already tested positive but I don't see it stopping DKNG that much or NFL in general, but I'm still waiting for DKNG to pull back to 51 (.618 retrace on the daily) to start scaling in for some monthly swings. Keep in mind we have a gap down at 53 and 50 could we fill those gaps this week? Possibly. Will post daily chart to see clear outlook and direction.
NASDAQ:DKNG
by jUiCE_Trades