DKNG met a long monthly down trend after a 250% rally from its lows and closed with what looks like a reversal pattern on the daily chart.
Weekly THV is flat and Red as pricing continued to climb into the trend creating bearish divergence.
Does Draft kings head back to $20 to meet the weekly coral or will it break out and head to $40? Time will tell.
I'm personally shorting this. I explain why in the video. Covering both technical and social confluence and what I look for.
Weekly THV is flat and Red as pricing continued to climb into the trend creating bearish divergence.
Does Draft kings head back to $20 to meet the weekly coral or will it break out and head to $40? Time will tell.
I'm personally shorting this. I explain why in the video. Covering both technical and social confluence and what I look for.