DKNG Cup & Handle - Short term PT of $65 before heading higher
DKNG looks to be forming a Cup & Handle pattern. This may be the start of the handle formation. Appears to be topped out at this $72. Looks like it will move to a short term downside to $65 before heading higher to new highs.
Short Term Target: Pullback to $66-65 based on 61.80% fib level
Price: $71.75
Support: $65, $70
Resistance: $72.60
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