SKLZ 2 year falling wedge no more ?!2 yrs downtrend being broken, speculation is we start testing 7-9$ and so on to double digits moving forward into next year lots of eyes on SKLZ like CNVS.
Keep eyes on this !! Imo
SKLZ trade ideas
Sklz long termMy long term hold would be 9.11$ 2-3 yrs with a positive year next year. E sports is HUGE in terms of market
Simply suggest following the stock for a break out of the falling wedge.
SKLZ makes strong case for a long term holdIf this breaks falling wedge with volume into 2025 look for positive ER with growth in revenue and less debt everytime. There deals are now pulling through.
Long term holder since covid made money off score media and gaming and got stuck with sklz avgd down at 9.07 a share 2.5k shares avging down more n more. Made money off cnvs to help my cause!
Time to buy sklz again? Lets make sklz great again always thought positive about this company they stuck thru some dark times. Gaming and e sports is only growing. Finally broke the long falling wedge after reverse split yes im holding i have a high price on my shares lol sadly but for new investors or swing traders i see and opportunity.
SKLZ LONGHuge rejection of breakdown the last support. Ultra high volume showed in the ATL. the stock closed with bullish daily candle above the support after (Spring) wyckoff analysis.
Target 13
Stop lose 7.80
Skillz - SKLZ - On way to recent Highs about 100% from Discount Skillz is up about 40% in the last 6 days. Is that momentum? Can the price push another 60% from the Discount zone to recent highs? The best entry is around the discount zone. Following price with a trailing stop would allow a trader to follow the trend until it ends. Keep in mind that penny stocks are risky.
SKLZ Breakout 2.5Year DowntrendSKLZ is breaking out from the 6 Month Wedge and on larger scale from a 2.5 Year Downtrend.
We already saw a fake breakout that got resisted by the 100MA Level. Now SKLZ managed to breakout from the 100MA. We will face resistance at $1 and on the 200MA Level.
Bullish.
SKLZ - Will See $6.7SKLZ fell through last support during summer. Since then it had an upside fakout through resistance and a re-test which was rejected and now looks like price is beginning another leg down.
Also D RSI confirms this rejection with price unable to break into the upper quadrant.
Unless there is a recovery in the $10 area this should fall all the way down to $6.66. This will complete what is probably a primary ABC correction.
I won't be interested in this until price can consolidate above 50Dma.
Not advice
🟨 Case against Averaging Down - Stage AnalysisAveraging down is rejected by all big Market Wizards.
The problem is that the stock can always go another -90% down.
The example of SKLZ shows that after 19 consecutive times the stock decreased -20%, it no where near the average dollar price, if you buy same amount after each 20% decline.
In fact, it has to move +300% to get to break-even. How many of your stocks do that?
Do you see now, why probabilities are not in your favor.
PS if you think this is just a crappy company look at $GE in 2007-2009.
SKLZ | Its Gaming Time | LongSkillz Inc. operates a mobile games platform that connects players in fair, fun, and meaningful competition. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users worldwide. It also hosts casual esports tournaments to a range of mobile players. The company distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and is headquartered in San Francisco, California.
Long | SKLZNYSE:SKLZ
Possible Scenario: LONG
Evidence: Price Action,
TP1: 12$
TP2: 12.70$
TP3: 13.70$
Call options, strike 360$, 11/19/2021.
Call options, strike 365$, 09/17/2021.
*This is my idea and could be wrong 100%.
SkillzSkillz is a company or stock which invests in mobile games, its a stock found on the U.S market. It's one of the greatest companies which have had a decline in these tough times, but looking at the chart, technical analysis show skillz has formed what we call a bullish flag and is currently trading @$1.40. I best believe it will drop to $1.25 where I think it will have a great support. If the support holds and we break the channel I think skillz can reach $17 without no problem.
SKLZ lost 94.58% of its valueIf you bought the top of SKLZ in February 2021 for $100K, now you would have 5.5K left.
And when you think cryptos are volatile and you can lose 90% of your money in them.
Look at SKLZ!
This should bounce from here. it has formed a strong support and we can see bullish divergencies in the chart.
My price target is $10.30.
Looking forward to read your opinion about it.
Will SKLZ breakout? NYSE:SKLZ
Do you have this stock on your watchlist?
Maybe we can except a nice breakout.
This is no financial advice.
short squeeze on skillzmassive year long down trend break, and doji star on the monthly, 25 percent short to float
SKLZ - 2nd Deep Target Hit $2!!! 🥳🎈Few cents early but anyhow I called this stock to crash down to from $11 to $6.67 from back in September then 2nd target $2 now both hit.
Received some heckling back up in $11 area that I have posted on the chart. 😄
So this is the bottom right???
Well I dont think so - and this is the thing with trends - they can go a long way.
Anyhow the wild thing is all this has happened without a stock crash and as I posted in another thread DXY is looking stronk I wouldnt want to buy here without some evidence of reversal.
And SKLZ is not looking too poppy after earnings it may even slip through this current fib area and make it all the way down to $0.77 for a 1.618 Z wave extension and selling climax.😄
Need to see more chart to see if its the next wave down - time will tell.
Not advice.
SKLZ short term trend break outRSI picking backing up
volume still down
short term trend break out confirmed just waiting for long term trend break out next
earning around the corner we could see this thing back to the 6-7$ range soon
SKLZ
$SKLZ is a long term rocket$SKLZ is a stock i’ve always had on my watchlist. Long term is an insane investment especially at these prices. Gaming/Gambling is here to stay.
I am looking for $SKLZ to drop to 3.60 range to retest the wedge breakout. With current market Conditions this point should be reached. I will still be accumulating shares until that point.
ARK effect..!Assume you have invested your money and the fund manager keeps buying these stocks in the past few months..!
ARKK in its best days had never reached NET NET fund performance! but at the end of the story will be the same..!
The NetNet Fund, which is focused on Internet stocks, ballooned from about $10 million in assets in 1997, a year after its inception, to about $12 billion.
The Munder NetNet Fund gained 176% in 1999, which attracted more than $1 billion in assets. The fund then dropped 90% in the following three years before it was merged out of existence.
The 2008 story will be repeated soon..!
No one is able to fight Mr.Composite..!
If you are looking at these charts and see the same price pattern it is because the people with the same mentality trade the same asset with the same outlooks..!
Lets review my analysis for these 4 stocks:
Best,
Moshkelgosha
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SKLZ - Did I say $6.66 I Meant $2 😄Pretty funny the heckling I received when up at $12 or wherever I said SKLZ would see $6.7, well guess what its going to $2.
Still early on this weekly candle but its looking very bearish following a gravestone doji reversal fakeout back into the 1:1 fib. This can be seen to be a re-test before the next wave down.
Next fibs long and medium can take price down to a 1:1 target of $2.28 which with some short range fibs will probably see price overshoot to $2 area, maybe slightly more.
And if it gets there weekly RSI will go oversold which has always been a thorn in my mind for SKLZ reversing in $6 area.
A wyckoff spring type reversal in this area is still not entirely out of the question but looks very unlikely now.
See you at $2 😄.
Not advice.
Skillz Inc (NYSE: $SKLZ) Could See Massive Reversal To Upside! ⬆Skillz 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.
Skillz Inc devolving. SKLZBroke fractal floor. New Zigzag underway, or Wave C of most recent flag looking to complete. Either way - bearish.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
