"Oversold" DraftKings Stock Could Rebound

DraftKings Inc (NASDAQ:DKNG) is 1.8% lower to trade at $39.18 at last check, pulling back toward its +10% year-to-date level and heading for a seventh-straight loss. This rut present an intriguing buying opportunity, if past is precedent, as the sports betting stock just pulled back to a historically bullish trendline.According to data from Schaeffer's Senior Quantitative Analyst Rocky White, DraftKings stock is now within striking distance of its 80-day moving average. For the purpose of this study, White ...