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DKNG Bearish to 50MA

DKNG has been sideways last few weeks. Now its showing weakness.

On daily its an outside bar downside. A bit of stochastics divergence and 20MA starting to turn down. On weekly its a 2D and far from 20 and 50 MAs.

Plan is to enter at low of Friday's candle ($24.39) and take profits at least at $23.
nagabrahmam
Candlestick AnalysisDaily ChartsDKNGdkngshortmoving_averageMultiple Time Frame AnalysisTrend Analysisweeklyanalysis
nagabrahmam

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