RDFN has broken out of the symmetrical triangle. It is retesting currently the triangle that is also an important area where resistance could become support. With high enough volume a trade could be taken around 11.50. Stop loss below previous discernable low. Take profit at 14.80 and 17.30
There is a great potential reward to risk ratio on LABU that is trending in a parallel channel. The idea is to buy at the bottom of the channel an sell at the top on un uptrend. Buy 124 Stop loss 119 ((just below the most discernable low) Take profit 149 (at the top of the channel that coincides with previous resistance)
EE has established an uptrend since February 2024. On the way up price action bounced multiple times off of 50 SMA. the price couldn't break above $20, failing clearly 3 times so far. Nevertheless it found support in the area that was once resistance ($17.50-18) and it seems a good area for accumulation. After the confirmation with the pin bar that the trend...
Area of confluence concluding high likelihood of downward drawback on DKNG