Draft Kings has completed its Head and shoulders after breaking the neck line at the start of November.
A sensible price target would be the the point at which the neck broke - this also correlates with the golden pocket region.
I do think that DKNG might have another 10% or so to fall, as the strength trading system ( as taught by enTHUZed ) would require us to form a tertiary low where the RSI kisses the 32% mark, ( at the moment its at 34% )... so not far to go now.
A sensible price target would be the the point at which the neck broke - this also correlates with the golden pocket region.
I do think that DKNG might have another 10% or so to fall, as the strength trading system ( as taught by enTHUZed ) would require us to form a tertiary low where the RSI kisses the 32% mark, ( at the moment its at 34% )... so not far to go now.
Nota
3rd RSI retracement ( back to 32 ) occurred. Onwards and upwards
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.