DKNG Cup & Handle - Short term PT of $65 before heading higher

14 Mar 2021

DKNG looks to be forming a Cup & Handle pattern. This may be the start of the handle formation.
Appears to be topped out at this $72. Looks like it will move to a short term downside to $65 before heading higher to new highs.

Short Term Target: Pullback to $66-65 based on 61.80% fib level

Price: $71.75
Support: $65, $70
Resistance: $72.60