Double Bottom Confirmed on $DKNG

I'm remaining bullish here for as long as the 13-day MA keeps climbing above the 21-day. Solid structure forming with a clear break from its previous neckline/resistance.

"According to an article in the European Business Review, domestic sports betting revenue in the U.S. is projected to be valued at $7 billion by 2025… and it continued saying that, according to a report by Technavio, the global sports betting market size is expected to grow by $144.44 billion between 2020-2025."

DraftKings is in a very strategic position to remain a key leader in this space as more and more states continue to legalize sports betting.