DraftKings Inc.
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Daily Chart Double Bottom incoming on $DKNG?

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DKNG had a good rally after selling off from its highs of $64 and bounced very nicely off of $35. It has recently gotten rejected at $55 creating a lower high and a potential neckline for a double bottom. If the opportunity comes to get shares or calls at $35, I will definitely be taking it. It is now trading below the 20 and 50 ema headed towards the 200 ema, which is currently at $39 another potentially area for the next bounce to occur. Keeping my eye on this for a good dip buy in that range.

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