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home / news releases / DKNG - May's Unemployment Report: Whether Bad Or Good We'll Trade Sideways Here's Why


DKNG - May's Unemployment Report: Whether Bad Or Good We'll Trade Sideways Here's Why

My measured move had 3050 as the goal, and we blew right past that

In my defense, at the time we were bumping up against a major resistance level under 2940-2950. The chart formation pointed to a breakout and I did a simple measured move, a simple back-of-the- envelope guestimation of where the S&P 500 could go and 3050 was in our sights. After tarrying around 3000, it dashed to 3050 and blew right past it and marched right up to 3130ish. I cautioned you in my last email that while it looks like the

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Stock Information

Company Name: DraftKings Inc.
Stock Symbol: DKNG
Market: NASDAQ
Website: draftkings.com

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