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firedupwealth
Oct 7, 2021 3:12 PM

SKLZ - Oversold Swing Idea - Not Financial Advice 

Skillz Inc.NYSE

Description

Swing play. $8.50-$9 buy range
Ride to $14.50 range, current 100 day MA
Possibly could drop to $6-$6.50, but low chance
was oversold, 25 RSI
See chart.
Cheers! -E

Comment

Could retest that $8.50 area if market breaks down, so be aware.

Comment

SKLZ could see resistance at $9 and breakdown. It would probably retest $8.50 and hold, but that $6-$6.50 is a possibility.

Comment

Broke $8.48 retest zone. Currently $8.25. Needs to hold $8 to have nay chance, otherwise, it likely heads to that $7 or lower mark.
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