DraftKings Inc.
Long
Updated

DKNG on watch

532
Pull back entry on DKNG as it comes into the .618 and trendline + structure confluence.
Important to wait for lower time frame reversal patterns on these. I like to scale entry as well.
Dotted lines are targets.
Note
May need some time to make the turn. Broader market needs to be stronger.
Note
Starting to look constructive. Need some price actions like this for confirmation.
snapshot
Note
Got the move I wanted. It broke the 15M trend line and then came right back to re -test the trendline on the 15M.
Trade is active.

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