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
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 ratioDisclaimer
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.