DKNG
1Y
RSI is falling.
MFI is dipping down.
5Y
RSI hasn't reached oversold yet.
MFI has been declining since 2020.
Prediction: It will fall. I see a gap around $10 and believe in will fall near that price. On a much larger scale (on 5Y), I am seeing a big head and shoulders. I wouldn't say it is a perfect head and shoulders, but it is rough.
For my educational purpose, not to be used as financial advice.
RSI is falling.
MFI is dipping down.
5Y
RSI hasn't reached oversold yet.
MFI has been declining since 2020.
Prediction: It will fall. I see a gap around $10 and believe in will fall near that price. On a much larger scale (on 5Y), I am seeing a big head and shoulders. I wouldn't say it is a perfect head and shoulders, but it is rough.
For my educational purpose, not to be used as financial advice.
Note
More downside coming.
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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.