DraftKings (DKNG) is scheduled to report its latest quarterly numbers on August 6 and right now the charts are not looking very good. We last reviewed the charts of DKNG on April 14 and wrote that "So far so good. DKNG is correcting and still pointed down. Let's wait and see if we get a test of the top end of the $53-$48 area noted above. This could be a buying opportunity. Stay tuned."
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