DKNG had previously broken out of the 44 level and raced higher over the next several weeks after it broke that level. It has now retraced completely all the way back to that previous breakout level. It has also remounted w/a doji hammer which shows reversal signals. I believe this is a good entry now that it has retested and remounted over 44.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.