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DraftKings Inc.
Long

DKNG

By williamdas
Updated
If the first impulse is going to ratio the larger future waves, I think this is how it will end up playing out
s3.tradingview.com/snapshots/h/hkRQsR1v.png
Length of first red wave 1,
s3.tradingview.com/snapshots/1/1fw0u8Dg.png
length placed at start of wave 3, waves often overthrow the lines, but it doesn't invalidate
now,
s3.tradingview.com/snapshots/w/Wosc5hWl.png
size of Impulsive starting from 0.00
s3.tradingview.com/snapshots/v/VIizkmh7.png
placed from its .618 green zone - Target is 25$ before upside
snapshot
I believe this is the A wave, a running flat
snapshot
the following B wave, which is .618 the size of the A wave
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snapshot
and then u align Lol
snapshot
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If it breaks here though, expect the entire market to be influencing downside
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snapshot RSI LSMA suggest upside on a 3d time frame
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snapshot Lookin at one of these again I think lol
If this is infact C, then from the start of C, to my target would be .382 from the bottom! its .618 the size of red impulse! and 1:1 the size of first orange ABC.
But again could still just drop to the lower 1X.XX$
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I'm thinking lowest is 17 before a reversal
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Looks impulsive off the bottom as of 1/7/22
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snapshot might be done from here
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way may see a 1:1 to 12$
Elliott WaveelliotwaveanalysisFibonacciFibonacci RetracementStocksTrend Analysis

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