In my opinion, DKNG is ahead of a nice bullish setup technically and fundamentally. We can see how RSI is looking to break its oversold zone while MACD creates a nice-up movement with a pleasant crossing. Moreover, the MA shows a favorable structure due to a chart crossing over the 20 MA, which also identified an upward trend. As to our fundamental segment, it appears that the gambling sector is on the move, and let's remember that DKNG is waiting for NBA, NFL sessions to start, and people are willing to play some fantasy sport.
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