DraftKings Inc.
Short
Updated

DKNG 1/26/2022

261
DKNG

Daily Chart Analysis

In existing downtrend
Price was previously in descending triangle and broke down.
Has pulled back to previous support looking to turn it into resistance.

Entering trade short

Entry: 22.42
Stop Loss: 24.83(-10.55%)
Target: 12.00 or trail 20 ema
Risk to reward Ratio: 4.41
Trade closed: target reached
Exit: 12.00 - 4.41 RR ratio

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.