DKNG has posted a lower high and is forming a wave pattern that points to potential more downside. Also with earnings coming up and most major sports (NHL, NBA, NFL) no longer in season, this could be a preemptive move to the downside. It may find some resistance around the 44-45 level, but i believe will resume downward until 41
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.