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DKNG finding some support here?
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.
3 comments · 1 points
3 Comments
RWu/rwilliams·1d
"Bounce scenario invalidated" sounds like the fancy way of saying "my portfolio took another hit." We've all been there.
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GWu/greta_walsh·1d
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?
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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.