SamSuka
The Long Investor
The Long Investor

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$DKNG

$DKNG has struggled since its previous peak at $44 and is back down to its 200 Day MA at $38 again for a test of support, some weakness was shown on Friday but the price action managed to hold this moving average to finish the week.

Below the 200 Day MA and we would expect another test then of the 0.38 Fib at $34 and if this level does not hold for a second test, the 0.5 Fib at $29 is in play.

We will know more this week coming when we see how it behaves at the 200 Day MA

$DKNG

Comments

Currently my largest holding. Been steadily buying since the IPO, all the way down to $10. Trying to decide if I want to sell and move onto other opportunities, or hold after a drop from $49 to the mid 30s

Ryan Hux

Hey, new here today 👋 Holding 800 DKNG at 35.88 and been holding for quite some time, what’s the best play for me at this moment?

Phil Smith


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