What Is the Accumulation Area?
The accumulation area on a price and volume chart is characterized by mostly sideways stock price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time.
Source: investopedia.com/terms/a/accumulation-area.asp
1HR
- Price trading sideways since late September.
Analyst Price Target on
DKNG (TipRanks)
High: 105
Average: 70.06 (44.01% Upside)
Low: 41
The accumulation area on a price and volume chart is characterized by mostly sideways stock price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time.
Source: investopedia.com/terms/a/accumulation-area.asp
1HR
- Price trading sideways since late September.
Analyst Price Target on
DKNG (TipRanks)High: 105
Average: 70.06 (44.01% Upside)
Low: 41
Note
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Source: twitter.com/DraftKingsNews/status/1450089669396475907
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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.
Disclaimer
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.