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 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 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 $6.66....
Its almost a no brainer at these levels. Needs to hit 1.20$ Thoughts
Hello Traders, I think stock is currently form C wave of ABC structure of motive wave let's watch and see is the stock can break the confirmation level Thanks a lot
Hello traders, Sklz has just finish WXYXXZ pattern I am expecting to to start a new impulse cycle very soon let's watch it closely Thanks alot
Averaging 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...
wait till breakout target 1.49..facing resistance..wait for close above 1.16
Skillz 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...
NYSE: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%.
Skillz 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...
Planning to add more above 2 for a target of 3.40..inverted head and shoulders on the way
If 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...
NYSE:SKLZ Do you have this stock on your watchlist? Maybe we can except a nice breakout. This is no financial advice.
massive year long down trend break, and doji star on the monthly, 25 percent short to float
Sell at suggested Entry Price and cut loss if price goes higher than Stop Loss. Can take profit at suggested Target Price. Entry Price: $3.05 Stop Loss: $3.58 Target Price: $2.68