DraftKings Inc.

$DKNG - Symmetrical triangle broke down

188
The chart look bleak. We are currently at first support after break down.
We need to reverse or else we are in trouble. Reversal from $43.84 would be bullish. Will publish chart with reversal targets when that happens.
Here are the expected support areas:
Support 1 - $43.84
Support 2 - $42.05
Support 3 - $39.99
Support 4 - $38.21
Support 5 - $35 (Max breakdown target)
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.

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