DraftKings Inc.Short
DKNG
Updated
Price went into a Distribution stage after being in an uptrend. Price broke down into a strong downtrend and is currently in a descending triangle.
We also have a death cross signaled the start of a bear market.
Will wait until price breaks descending triangle or pulls back to top of descending to enter.
Entry: Break of triangle or pull back to 10ema
Stoploss: tbd
Target: 18.50
We also have a death cross signaled the start of a bear market.
Will wait until price breaks descending triangle or pulls back to top of descending to enter.
Entry: Break of triangle or pull back to 10ema
Stoploss: tbd
Target: 18.50
Trade active
entered at 27Trade active
Stoploss: Trailing 20ema on daily chartNote
Updating Stop loss:Stop Loss: Trailing 10ema
Trade closed: target reached
Target reached @ 18.50. +31.48%, +4.17R
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