Old Point Financial's 15min chart triggers MACD Golden Cross, RSI Oversold.

Old Point Financial's 15-minute chart has recently exhibited a Golden Cross on the MACD indicator, coupled with an oversold RSI reading at 08/28/2025 13:15. This technical analysis suggests that the stock has the potential to continue its upward trend, as it has experienced a precipitous decline that appears to be unsupported by its fundamental value.

Old Point Financial's 15-minute chart has recently exhibited a Golden Cross on the MACD indicator, coupled with an oversold RSI reading at 08/28/2025 13:15. This technical analysis suggests that the stock has the potential to continue its upward trend, as it has experienced a precipitous decline that appears to be unsupported by its fundamental value.

Rush Street Interactive (RSI), an online betting operation that went public in 2020, has seen its stock price rise from $9 to $15.50, and more recently to $21.88. This rapid appreciation has caught the attention of analysts, with 11 out of 12 giving a price target (PT) of $28.75 by the start of Q4 [1].

RSI's focus on Latin America, particularly in countries like Peru, Colombia, and Mexico, has proven to be a strategic niche. The company's ability to tap into an underserved market with a strong female customer base (28% vs. 20% for US women) has contributed to its growth [1]. RSI's Q2 earnings per share (EPS) jump and revenue beat are strong indicators of its operational health, and its guidance for 2026 revenue to exceed $1.0 billion positions it competitively against better-known brands [1].

The Golden Cross on the MACD indicator and the oversold RSI reading suggest that the stock may be poised for a rebound. The MACD crossover indicates a potential shift in the stock's momentum, while the oversold RSI suggests that the stock may have reached a temporary low. These technical indicators, combined with RSI's strong fundamentals, point to potential upside for the stock.

However, it is essential to note that timing the market is generally considered a high-risk strategy. While the NFL season may provide additional opportunities for growth in the iGaming sector, investors should proceed with caution and conduct thorough due diligence before making investment decisions [1].

References:
[1] https://seekingalpha.com/article/4817565-rush-street-interactive-riding-the-wave-of-igaming