TizTrader

DRAFTKINGS - Technical analysis

NASDAQ:DKNG   DraftKings Inc.
DKNG shows a clear impulse structure. As expected, the sub wave (3) has reached its target. Now it might slowly begin to correct. It is important that the market remains with a possible correction above 51.27.

The running wave 3 can extend even more.
- 62.35
- 63.66
- 65.87
are possible targets for this wave.

Overall, I see dkng as very bullish and expect prices over 70 dollars.

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