DKNG is trading in an upside channel after a pullback from its all-time high of $64.20 set in October 2020.
It saw a few upgrades this morning and is now set to open the session above that $64.20 level. If I see it hold that mark (and hopefully retest it), I’ll consider the R2 Fibonacci pivot level ($67.14; RM2 on the chart) as a potential intraday price target. The next near-term target, if the upside momentum persists, would be the all-time high of $72.
On the downside, the 20-day EMA would be a possible support. Further down, I'll keep a close eye on the $ 60 zone, which was in play multiple times in the past.
Catatan
The intraday target is reached ($67.14; RM2)!
Catatan
The $72 mark was reclaimed yesterday! What's next? Will we see a pullback (to RM2) before DKNG can break above it?
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DISCLAIMER: I am not a financial advisor, and my scripts are for educational purposes only. Any trades you make are at your own risk.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.