What Is the Accumulation Area?
The accumulation area on a price and volume chart is characterized by mostly sideways stock price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time.
Source: www.investopedia.com...ccumulation-area.asp
1HR
- Price trading sideways since late September.
Analyst Price Target on $DKNG (TipRanks)
High: 105
Average: 70.06 (44.01% Upside)
Low: 41
The accumulation area on a price and volume chart is characterized by mostly sideways stock price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time.
Source: www.investopedia.com...ccumulation-area.asp
1HR
- Price trading sideways since late September.
Analyst Price Target on $DKNG (TipRanks)
High: 105
Average: 70.06 (44.01% Upside)
Low: 41
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Source: twitter.com/DraftKin.../1450089669396475907