DKNG is catching a lot of attention at these low levels with terrible news. I believe it broke the support creating a "bear trap" and after hitting support snaps back up over the support with continuation tomorrow.
You can also see in the RSI (divergence indicator) that there is bullish divergence into this trap.
You can also see in the RSI (divergence indicator) that there is bullish divergence into this trap.
Kommentera:
New to tradingview ideas, not sure why it says short...
Happy trading let me know your thoughts.