Workflow
Bargain Alert: DraftKings Is the Most Oversold It's Ever Been

Gambling powerhouse DraftKings Inc. NASDAQ: DKNG is flashing a rare signal that investors typically only see a handful of times in a stock’s lifetime. Its Relative Strength Index (RSI), a key measure of momentum, has collapsed below 15, marking the lowest reading in company history. For context, a reading below 30 indicates that the stock is oversold.  DraftKings TodayDKNGDraftKings32.792.41 (6.8532.79 -2.41 (-6.85%) 52-Week Range29.64▼53.61PriceTarget53.61Price Target53.28Add to WatchlistThat means that after a brutal five-week str ...