I believe the next move up is ready. The entire gambling sector has been getting killed, LVS, PENN, GNOG, RSI. It’s time for some rebalancing back into gambling-growth. Look at the 5 months of consolidation on BETZ.
Fake bearish pennant, volume declining with an increasing price, and a breakout of upper resistance. We touched a massive volume support sub $48, and now it’s time to buy and ride.
MM indicator, 6d SMA and oversold RSI is flashing for reversal. MACD is showing some momentum upward.
Lastly, we have expected great earnings, DKNG is releasing their NYC application in the next few days. The market is about to BOOM.