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Skillz Inc.Skillz Inc.Skillz Inc.

Skillz Inc.

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SKLZ trade ideas

$SKLZSkillz Inc. operates as a technology company that enables game developers to monetize their content through fun and fair multi-player competition. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users worldwide. It hosts casual esports tournaments to a range of mobile players. The company was founded in 2012 and is headquartered in San Francisco, California.
NYSE:SKLZLong
by BADQOMOCAWGOWLD
SKLZ: Review I - near 1st Target Hello Investors and Traders, let's quickly review our buy recommendation for Skillz made on June 17th, or 2 weeks ago. Truth is that at that time SKLZ was in its early recovery stages and therefore buying was appropriate especially for those, who also wanted to invest in the great fundamentals of this SaaS Company. So far, on a technical basis, Skillz performance has been much better than expected moving steadily higher since then and now having generated a CUP & HANDLE, which is very bullish pattern. Volume has also been improving, although not as much as desired. Right now the first most important Target to reach is around $24,57, which also is a very strong resistance, as previously in march it represented an important support, but therefore now it became a counter factor. Nevertheless, if the overall market conditions for growth stocks keep on track I expect this resistance to be taken soon and then the next important Target (Target 2) is $29,58, which represents another strong resistance. Lastly, for those who were not willing to buy at that time around June 17th, I'd say that now still is a good moment to buy as SKILLZ outlook is still very promising on a technical as well as on a fundamental basis. Good luck to all, who are and will be invested!
NYSE:SKLZLong
by foxbelex
5
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.
NYSE:SKLZLong
by samanyangawrites