DNKG has an uptrend from a triple bottom in mid-March. As shown on the 2H chart
volume especially buying volume is increasing while on the RSI indicator, relative
strength is rising confluent with the price action. This looks like a quality swing
long setup during the NFL draft and upcoming playoffs in professional hockey,
basketball and baseball potentially boosting earnings The stop loss here would
be $ 0.05 below the previous high of the year in February since price is now above that
support. Targets are the highs of February 2022 and then the distant final target
is the neckline of the 2021 head and shoulders pattern ( all time highs ).
volume especially buying volume is increasing while on the RSI indicator, relative
strength is rising confluent with the price action. This looks like a quality swing
long setup during the NFL draft and upcoming playoffs in professional hockey,
basketball and baseball potentially boosting earnings The stop loss here would
be $ 0.05 below the previous high of the year in February since price is now above that
support. Targets are the highs of February 2022 and then the distant final target
is the neckline of the 2021 head and shoulders pattern ( all time highs ).