🚨 
DKNG Just Formed a Perfect Peg Gap—Is This the Buy Zone?
DraftKings (DKNG) just made a Peg gap and is now pulling back into a strong support zone—creating what could be a prime buying opportunity for sharp-eyed traders. 👀
Here’s what’s setting up:
✅ Peg Gap Formation: A bullish signal indicating momentum is still in play.
✅ Pullback to Key Support: Price is settling into a high-confluence buy area.
✅ Potential Bounce Setup: Risk/reward looks 🔥 for a move higher.
Why does this matter?
Because when stocks pull back into solid support after a breakout gap, it often sets up the next leg higher. With sports betting continuing to grow andDKNG maintaining bullish fundamentals, this could be the perfect moment to jump in before the next rally.
🎯 Watch for confirmation near support—this could move fast. 🚀
DKNG Just Formed a Perfect Peg Gap—Is This the Buy Zone?DraftKings (
DKNG) just made a Peg gap and is now pulling back into a strong support zone—creating what could be a prime buying opportunity for sharp-eyed traders. 👀Here’s what’s setting up:
✅ Peg Gap Formation: A bullish signal indicating momentum is still in play.
✅ Pullback to Key Support: Price is settling into a high-confluence buy area.
✅ Potential Bounce Setup: Risk/reward looks 🔥 for a move higher.
Why does this matter?
Because when stocks pull back into solid support after a breakout gap, it often sets up the next leg higher. With sports betting continuing to grow and
DKNG maintaining bullish fundamentals, this could be the perfect moment to jump in before the next rally.🎯 Watch for confirmation near support—this could move fast. 🚀
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.
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.