Draftkings in a technical bearish bullish standoff

Draft kings is sitting right above the 200 EMA. It’s at a critical point and the cross of the 200 EMA in the downward trend could lead to further Bearish movement. However, if we can break the triangle and stay above the 200 EMA (blue line and strong support), we could see they push towards the next fib level of 59.90.

If you are in it, stay put and wait for more confirmation.

If you are waiting to buy be patient.