DKNG back in this channel with lots of upside room to run in, bounce perfect at my .618 ($38.54) and hit my first TP at 47.06 next TP is at 50.39.
the cup and handle is just a prediction and what i'm seeing as a possibility don't pay to much attention to it but if you think it could happen or have any other theories on DKNG's price action drop a comment.
My prediction : I can see potential cup and handle forming, if it continues to run up i can see the cup form at a minor resistance level at $52 then the handle will come down to support and take off back to re-test all time highs. if this does play out i see 64 by end of year
levels are 47,52,55, 60, 64
the cup and handle is just a prediction and what i'm seeing as a possibility don't pay to much attention to it but if you think it could happen or have any other theories on DKNG's price action drop a comment.
My prediction : I can see potential cup and handle forming, if it continues to run up i can see the cup form at a minor resistance level at $52 then the handle will come down to support and take off back to re-test all time highs. if this does play out i see 64 by end of year
levels are 47,52,55, 60, 64
