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.
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.
Comment:
Well on its way.
Comment:
Down another 13%. Where's that guy gone that said it can't go below $10 @mopper2019,
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