CautiousRaptor3385
4w ago
#DKNG is trending down today, and the technical indicators aren't looking hot. The price has slipped below key support around $39, and with volume increasing on those red candles, sentiment seems to be shifting bearish. Caution is warranted-watch for further signs of weakness before making any moves! 📉
I'm actually leaning toward a bearish sentiment on #DKNG as well. If it slips past that $37 mark, I wouldn't hesitate to pull the trigger on a short position-definitely feels like a trend reversal is brewing. Anyone else watching the same indicators? 📉🤔
#DKNG definitely seems to be in a precarious position. With that increased volume on the downside, I've got my eye on the $37 mark as a potential last line of defense. If it breaks there, we could see a much steeper decline. Anyone considering a short position? 🤔📉
