Replies to post #7667 on DraftKings Inc (DKNG)

[MikeLandfer]

If she prints a green candle on the daily today.. it could mean retest of 14.60 on the horizon. Just noticing when it goes straight down lately.. since like May.. it has never printed a green candle on the way down on the daily without coming up and retesting

[MikeLandfer]

We need to print red candle

[MikeLandfer]

What I want to see is a generally red week for fed meeting week and then we should bottom out here by end of week and race back up into the financials on Friday AM which you would think by Thursday of next week we should be retesting the 14.60 area for the release of fins Friday AM.

That’s how I would draw the chart lol and make it make sense with current events.

This all goes out the window of course if fed meeting produces a bullish response in the markets.

Either way I think we closing out short positions by end of the week and entering into bull mode

We shall see. It’s on wax right here lol

[MikeLandfer]

Google reports Tuesday
Facebook reports Wednesday (along with fed meeting)
Apple reports Thursday