RSI 1W - gambling or smart retest?

Rush Street Interactive (RSI) just confirmed a breakout above the 15–16 zone with a textbook retest - a classic bullish setup. The weekly chart shows a clean “cup and handle” structure backed by rising volume. Current pullback is forming right inside the buy zone, suggesting potential continuation.

Fibonacci extensions highlight 30.7 and 43.9 as key upside targets. As long as price holds above 15.5–16.0, the bullish bias stays intact. A breakout above 18.0 would confirm the next leg higher.

Fundamentally, RSI benefits from ongoing online gambling legalization across the US and improving profitability in core states, which could attract institutional inflows.

In the gambling world, luck rarely repeats - but this chart looks like the house might finally lose.