does this pattern generally reflect the possibility of dropping back to 50 over the next month if it falls below 60 ??
DKNG precariously positioned.
The trendlines and horizontals I've drawn are what I deem support/resistance. No one knows, but my guess is, yes, once it looses the blue wedge, 50 -or close to it- is a reasonable target. Fwiw, my line is at 48.21.