It has been revealed this week that more Americans gamble than invest which is a crazy development considering gambling has been illegal in many States in the US, so I am going to keep charting $DKNG but it has brought me back to $PENN too.....which is testing its 200 Day MA at $20 lately
This is also the channel break out level too.
A break out and hold above $20 and there is a move up to $22.91 next, which was a previous support level. Holding above here and Wave Y becomes active at $39.