My buy zone and target for $DKNG. (Not financial advice)
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day. Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum. Bullish Pennant broken out after a 3-month...
My buy zone and target for $DKNG (Not financial advice)
Bullish Pennant formed out of a correction following a strong uptrend. Target price set at new potential Resistance bounce. - Historical Uptrend - RSI and STOCH above 50 - MACD above Signal Suggested Entry $37.37 Suggested Stop Loss $36.16 Target price $43.61 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This...