DraftKings Inc.
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DraftKings to go lower?

82
DKNG met a long monthly down trend after a 250% rally from its lows and closed with what looks like a reversal pattern on the daily chart.

Weekly THV is flat and Red as pricing continued to climb into the trend creating bearish divergence.

Does Draft kings head back to $20 to meet the weekly coral or will it break out and head to $40? Time will tell.

I'm personally shorting this. I explain why in the video. Covering both technical and social confluence and what I look for.

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