$SKLZ - Looking good for reversalchart looks good to bounce at this zone, also RSI bullish divergence- target 24 with stop loss 16.4
Sklz
Skillz - SKLZ - Trying to Side Step resistance?Skillz - SKLZ - Trying to Side Step resistance? Will it moonwalk around moving average resistance? We will see?
SKLZ poised for breakout?SKLZ has been trading in a range between lows at 18.50 and 19.60. The 19.60 has been tested numerous times with price making shallower retracements lower after each test.
A move above 19.60 intraday would see price make an attempt to trade above a medium-term resistance level at 20.60.
If 20.60 holds there is potential for a push towards 21.75
Second Day Play? If price holds above 20.40 in Friday's open there may be potential for a long trade with 21.75 as target
This ideal is a short-term trade considering the overall bearish nature of this stock.
Skillz Inc SKLZ - Daily June 2021On watch for a dip buy. Could get interesting with a clearing of 24.50. The main long-term fib extension target sits closer to 50.
SKLZ UpdateOut of SKLZ. After further research, there is nothing that excites me about this company anymore. It is not a next gen mobile gaming company....it is a mobile skill based gambling company. These models have existed for decades now - not scalable. Pump"N"Dump set up in IMO.
SKLZSkillz Inc (NYSE:SKLZ) price closed above the upper line of the descending channel pattern originated from the April 27 high, creating a significant amount of bullish potential. On the technical side, MACD and RSI all point to an upward trend. SKLZ has a lot of upside potential, so watch it closely next week. Next major resistance lies around the $18.21 level.
SKLZ has great potential. Bullish $SKLZ if the price bounces back from the orange support line then the target is an orange line on the top so on the green line.
$SKLZ #SKLZ
NYSE:SKLZ
$SKLZ Elliott Wave Perspective view Blue Support line can be final dip if not orange line support NYSE:SKLZ
SKLZ up 23% SKLZ is trading at $21.54 and we're up around 23% since the drop! I got in at $17 so we're still good! Refer to my previous analysis.
SKLZ Possible Swing Trade In The MakingNews for the day;
Skillz Shares Spike, Hearing Rumors Of Cathie Wood Purchasing Additional Shares; Unconfirmed.
Key Data: high level of short interest allowing for a possible short squeeze to occur.
Short entered in around the $30.00, if we pass this number, we may see massive skyrocket in price.
I do also believe fundamentally this stock is under priced.
What we want to see is the top trend line broken through and surpass $30.00, following a possible parabolic rally to occur.
$SKLZ 4hrLooks to be great setup for a swing. Auntie Cathie has been buying a lot of shares of SKLZ lately
SKLZ -- LEVELS: 14, 15.60, 19, 20.70, 23.30, 25.70
SKLZ ready to rocket? 🚀 Price came back to where it started at $16.73 and even dropped a few points lower. However, according to technicals, I am expecting it to go up from the trendline and breakout the wedge and go up furthur till $40 back 🚀
*I am not a financial advisor and this is just for sharing purposes*
SKLZ Bullish Divergence, RSI OversoldSKLZ looks tasty.
3 Things I like about this chart:
- The bullish divergence on the MACD histogram on the daily
- RSI is oversold on the daily
- Sitting at support
and the downward trend is BORING
I am not a financial advisor, so this is not advice. I have no idea what I am doing.
no idea
long term holdsupport sitting around 16.70 area on the weekly chart, looking for some consolidation around these levels. I like this one long-term 2-4months out as small scalps are getting hammered this is a good scalp above 16's.. Plus ark likes it!
SKLZSKLZ had explosive growth after it IPO'd and Cathie bought it. When Cathy buys - momo follows but it was a victim of a tech sell off. As long as price doesnt dump below 200 MA, I see no problem holding this long term. SKLZ seems like one of those that will get bought out by a whale eventually.. Long term hold for me especially if we punch through levels above. As always, DYODD before you spend your hard earned money.
SKLZ Descending wedgeThis descending wedge could be bullish in midterm play. But for short term next Monday, I would wait for 19.25 confirmation and bet on long. If it drops to 17.5 I would go short.
SKLZ to retest 29 on ThursdayI'm going to try to guess here. SKLZ will retest 29-ish this week and break-out, or next week retest again further down the rising pennant.
Keep it on your watchlist Wait for breaking out of the channel and daily candle close out of the channel for safer entry.
It seems ark invest was busy past week to rescue its new plays and keep them above 50 EMA!
SKLZ gametimeHi traders
SKLZ is Gaming Company with bright future i think
lets see if it can break throw towards to channel resistance
