This play on $DKNG is fractally charted:
Monthly Trends- white
Weekly Trends- purple
Daily Trends- red
Hourly Trends- Teal
The targeted gain is 8.68% and the max loss is 4.57%. The target entry for the play is 54.70, the exit target is 59.45, and the stop-loss is at 52.20. The goal is for the price to break out of the 2 fractal wedges that it is currently in and bounce off of the trend high (of the downtrend) that created the smaller teal valley (2 hour). Price would then need to test the trend high of the monthly uptrend.This play on
Monthly Trends- white
Weekly Trends- purple
Daily Trends- red
Hourly Trends- Teal
The targeted gain is 8.68% and the max loss is 4.57%. The target entry for the play is 54.70, the exit target is 59.45, and the stop-loss is at 52.20. The goal is for the price to break out of the 2 fractal wedges that it is currently in and bounce off of the trend high (of the downtrend) that created the smaller teal valley (2 hour). Price would then need to test the trend high of the monthly uptrend.This play on