DKNG Long Swing

Updated
DKNG on macro channel low and holding daily ichimoku cloud support, 60% upside 4% stop loss risk.
Chiko span (green lagging span) crossed sept 15 price action today, as well as a bullish conversion/base line cross (blue/red), both signaling a reversal.
10/14 share sale likely fully priced in now, given no further bad news I am expecting a run up to earnings on Nov 12.


T1 - $52
T2 - $63 (ath)
Note
RSI divergence on 1/4hr
Trend Analysis

Disclaimer