DKNG broke the trend line on 6/7, hit resistance 55.84 on 6/9, retested and bounced from trendline on 6/15. definitely a roller coaster for the bulls entered on 6/7. i personally think it will retest 55.84 and right now is a good entry point as it stands on ema 21. if not, it will test 43.66 again from investment point of view, DKNG should be a good choice...
currently trading inside the triangle. to confirm the price going up, it has to break out from the triangle, and stay above 221, consolidate, and make higher lows.
AMD had a breakout on 6/17, but can't break 84.76 level in the next 4 days. if it can stand above 84.76, next level will be 87.34. so right now, i don't think it's wise to go for long. wait until go above and consolidate at 84.76 or see if can bounce from ema 21. i personally sold my shares on 6/16 because i thought it couldn't break the trend. obviously, i...
AAPL daily chart breaks out the upper trend line. we should be able to see more upside. the next resistance level is around $138.86. watch LTF for entry point. i personally like to use 1h chart. if the price dips and bounces at ema 21, it could be a good entry point. most importantly, nothing is certain. have to react according to price action