I actually watched a few sports programs over the weekend and that inspired me to take another look at the charts of DraftKings (DKNG) . I last looked at DKNG back on June 18 and wrote that, "I don't get it, but the charts of DKNG are still bullish. Raise sell stops on longs to a close below $35. Our targets are $54 and $66."
Prices closed below $35 by the end June so I assume traders have been stopped out. Let's check and see how the charts look today.