1
AAby u/aaron50·29mAnalysis

DKNG: Testing the Waters Around 23.30

Been watching $DKNG for a bit now, and today's dip is putting that 23.30 support level to a real test. It's held up fairly well intraday, bouncing a couple of times off that low. If it can close above that, or at least consolidate around these levels tomorrow, it might suggest some buyers are still interested in defending it.

However, a sustained break and close below 23.30, particularly on higher volume, would likely invalidate that support thesis for me. At that point, I'd be looking for a potential move lower, perhaps towards the next notable level around 22.50. Just my two cents; always good to be wrong.

0 comments · 1 points

0 Comments

No comments yet. Be the first.

More like this