Get started
Skillz Inc.Skillz Inc.Skillz Inc.

Skillz Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

SKLZ trade ideas

SKLZ 1D March 8 - Wolfpack Research released a short report. The stock price fell about -11% on the day. March 18 - Public offering of 32,000,000 shares. The stock price fell about -9%. SKLZ has been heavily beaten down, currently sitting at roughly 60% down from all time highs. Cathie Wood/ Ark Invest added 745,700 shares to their position on Thursday, March 25, totaling just over 6 million shares. I will look to long this stock for a few reasons. 3From a technical perspective, SKLZ is sitting on the 200EMA on the daily chart . This is a significant support level . In addition, it is also sitting on the 0.786 fib level, which is another important level of support. We seem to be in wave 2 of a 5 count elliot wave which should be about 60% retracement from the first big move. leads me to believe that the ~$18 level could very well be the bottom.
NYSE:SKLZLong
by arusso11
SKLZ - An Excellent Dip BuyMarch 8 - Wolfpack Research released a short report. The stock price fell about -11% on the day. March 18 - Public offering of 32,000,000 shares. The stock price fell about -9%. SKLZ has been heavily beaten down, currently sitting at roughly 60% down from all time highs. Cathie Wood/ Ark Invest added 745,700 shares to their position on Thursday, March 25, totaling just over 6 million shares. I am long on this stock for a few reasons. 1) Cathie Wood has picked BANGER stocks, over and over again. I followed her into BNGO, and NNDM early. She hasn't let me down so far. 2) Every action in the stock market is an overreaction. The short report, stacked with the offering, has brought this stock to the ground. I'll ride it right back up. 3) From a technical perspective, SKLZ is sitting on the 200EMA on the daily chart. This is a significant support level. In addition, it is also sitting on the 0.786 fib level, which is another important level of support. This leads me to believe that the ~$18 level could very well be the bottom. I'm buying shares Monday morning, 3/29. I will also be looking to get into a long call calendar spread. BTO $25 8/20 c @ 3.15 STO $25 4/16 c @ 0.65 Total cost - 2.50 or $250.
NYSE:SKLZLong
by JerseyStig
6
SKLZ - BTD Time (Great risk/reward)SKLZ looks like a great setup currently with a deep Wave II 78.6 retracement. The tech correction coupled with the offering they did brought the price down very low for us bulls to swoop upon. The invalidation level for this play is not far below, so if you are taking contracts that are a month or further out, you can cut this position as a paper cut loss. This play can take time to pan out, but I am bullish on SPY and QQQ going into April, so I am expecting SKLZ to also follow along with a decent pump. The key is to get in while IV is still low. Enjoy!
NYSE:SKLZLong
by GlitchSPX
1
$SKLZ Possible Morningstar pattern (bullish reversal)Possible Morningstar pattern, on watch. Look for gap up tomorrow, followed by a large green candle. Big volume will also be key and we should hope for more volume than today. As with all patterns, this is not a guarantee and needs confirmation. Also observed: Oversold on Stochastic and nearly oversold on RSI. Plus, I believe this is the end of wave 5. Also of note: Cathie Wood bought the dip today to the tune of 745K shares. Giddyup. www.investopedia.com
NYSE:SKLZLong
by s0r0s
3
Swing Tarde-Company offered secondary offering of 32 million shares @ $24/share -The offering is expected to close on or about March 23, 2021. -Skillz may use the proceeds for working capital and general corporate purposes, according to the statement. Catalyst im looking for: -The Company is initiating 2021 revenue guidance of $366 million, which equates to 59% year-over-year growth. - How will they use working capital gained from offering -The developer challenge for NFL themed mobile game will launch in the second quarter of 2021 - possible long play as i see them expanding their n2 numbers with new games added to their platform any feedback is much appreciated mahalo
NYSE:SKLZ
by daynejah