Draftkings Hitting Potential Reversal Zone
Broke out of triangle consolidation, raced to new highs, became overextended and fell back to the breakout zone, which turns support. Bigger trend is up (well above rising 200-day) and RSI is in oversold zone (30-50), as it was in July. Looking for short-term upside catalyst.
Choose a Strategy, Develop a Plan and Follow a Process
-Arthur Hill, CMT
-Arthur Hill, CMT
Choose a Strategy, Develop a Plan and Follow a Process
-Arthur Hill, CMT
-Arthur Hill, CMT
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