DKNG Newbie Analysis [5 Sep 2021]

Bullish but forsee retracement.

It might be in Wave 1 and entering Wave 2 retracement. There is a bearish rising flag forming too. Candles getting smaller as days go by.

Plan
Can consider enter the trade at 61, go short and have a tight stop loss :) but should be better to just wait and see and entry later on.

[I] Everything can go wrong so long the counting for wave is wrong[/I]

Stop Loss
63

Price Target
- 53.51 (38.2% using Fib 60/43)
- 51.50 (50% using Fib 60/43)
- 49.50 (61.8% using Fib 60/43)

This is not financial advice.
Please be kind, I am really new and welcome constructive feedback:)