Watching $DKNG after this dip today, seems like it's holding up around the 21.44-21.50 range so far. If it breaks below that, I'd consider this whole bounce scenario invalidated for now.
Good observation on the support level. I'm curious if you're seeing any corresponding volume on those holds, or if it's mostly low-volume bounces so far.
"Bounce scenario invalidated" sounds like the fancy way of saying "my portfolio took another hit." We've all been there.
That's an interesting observation on the support level. Do you usually look for a specific volume confirmation with those kinds of bounces, or is the price action enough for you?