$DKNG - WATCHLIST -
Added 2024-06-11 12:38:50 +0000 UTC$DKNG has hit our Wave C level on the 0.38 Fib now after losing its 200 Day MA and bounced perfectly on the 0.38 level at $34
If the price action can recapture the 200 Day MA and it is doing a good job so far, then the corrective wave could be complete.
If I am happy there is support above this level, I will add in the next impulse wave.
The Euro 2024 starts on Friday which will certainly attract some gambling and the olympics next to follow, these are big events for these companies and the price may be at the right level now to maximise returns.
Comments
I might have been a little early but added my first DCA buy near $35 when it reclaimed the 200 day.
ARPedro
2024-06-11 13:42:57 +0000 UTC
