$DKNG
Added 2024-08-23 19:47:31 +0000 UTCTesting its 50 Day MA this week and so far is being met with some resistance so I have added in green fibs to show where support can come if a pull back is needed before it can go higher.
Bulls need to get the price above the 50 and 200 Day MA at $40 to show that the pull back is complete
Price has already hit the 0.5 Fib so this is sufficient
A higher low next would be ideal to confirm the trend, must hold above $31 then.
Comments
Wish I was part of this group in March when you nailed the $50 target on wave 5. Survived the ABC correction (hopefully complete) and even added some, so looking forward to these charts as this has been my largest position over the last 2-3 years
Ryan Hux
2024-08-23 19:57:20 +0000 UTC
