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.
Skillz
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.
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!
SKILLZ | SOON GOOD TIME FOR LONG!! 🔥All on chart! Stock oversold.
Skillz is the company that operates one of the largest mobile esports platforms connecting players from all over the world, giving users the opportunity to compete for the leadership in games. Using its proprietary technology, the platform hosts billions of casual tournaments and pays out millions of dollars to winners every month.
Country
United States
SKLZ Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
SKLZ - DailySKLZ
ENTRY = 15
1st Target = 17
2nd target = 19
3rd Target = 22
HODL Target 25+
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
SKLZSKLZ had explosive growth after it IPO'd and Cathie bought it. When Cathy buys - momo follows but it was a victim of a tech sell off. As long as price doesnt dump below 200 MA, I see no problem holding this long term. SKLZ seems like one of those that will get bought out by a whale eventually.. Long term hold for me especially if we punch through levels above. As always, DYODD before you spend your hard earned money.
SKILLZ“Our mission is to make gaming better by providing players with a fair and trusted competitive gaming experience and by enabling game developers to better monetize their content. We believe gaming is the future of entertainment, and in that future anyone can embrace their inner champion. The engagement we see from the players on our platform validates the connection they’re making with the community through competition,” continued Paradise.
Third Quarter Financial Highlights
Revenue grew 92% to $60.0 million during the third quarter of 2020, compared with $31.2 million during the comparable quarter in 2019 and the 19th consecutive quarter of sequential revenue growth.
Gross profit grew 92% to $56.9 million during the third quarter of 2020, compared with $29.6 million during the comparable quarter in 2019.
Gross margin was 95% during the third quarter of 2020, the same as during the comparable quarter in 2019.
Contribution grew 177% to $19.1 million during the third quarter of 2020, compared with $6.9 million during the comparable quarter in 2019.
Net loss was $(42.9) million during the third quarter of 2020, compared with a net loss of $(5.0) million during the comparable quarter in 2019.
Gross Marketplace Volume1 (“GMV”) grew 76% to $411 million during the third quarter of 2020, compared with $234 million during the comparable quarter in 2019.
Recent Business Highlights
Expanded traction of hosted tournament offering, with celebrities including NFL Super Bowl Champion Marshawn Lynch and World Champion Hall of Fame boxer Floyd Mayweather selecting Skillz to power brand-sponsored tournaments.
Launched first offline to online branded venue partnership with Bowlero, the owner of the Professional Bowlers Association and world’s largest operator of bowling centers. Bowlero selected the Skillz platform to blend physical and digital experiences for their 28 million annual players and build the future of competitive electronic bowling.
Powered mass participatory fundraisers for leading nonprofits through the Skillz Gaming for Good initiative, including events with the American Cancer Society, Comic Relief, and American Red Cross.
Watching this for Friday. I see some potential. Detail in photo!
Like, Follow, Agree, Disagree!
*Not investing advice
SKLZ - Watching for Reaction Here Under 21SKLZ watching for reaction here at 200ema on 15min @20.55
Entry @21. Will add if needed at bottom of regression channel @19-18.50
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
FEAC Upside Trade WE have steady buying and the stock reach 13.11 it needs to digest this move but this stock is a buy in 12.5 area for a move to $15
Bitcoin - What just happened?Ok I will interpret for you what happened and give you a point of view that will keep you safe. I only do longs I do not do shorts so I am waiting for it to go down so I can buy cheaper before it goes up. I believe the next leg will try to reach 15K and Bitcoin will try to retrace before it continues up. I believe BTC wants to go to $8,500 and maybe even to $7,200. In the unlikely scenario that we are done going down and to say that BTC is truly going back up, we need to look for a safe place to jump into it, so you either buy right after it breaks out of the triangle (the red resistance line) or you wait and see if it hits the red X. This will signal the first high, high and we would jump during the pullback to 61.8. The likeliest scenario is that BTC already ran out of steam after hitting the 50MA on the 4H -- which is also where my trendline is. It should start to come down now and hit the green trendline or go below it to the green x.
Another indication is that BTC on the 1D timeframe has violated an important trendline.
This is the long term view that shows that going down to $8,500.00 (50% retracement of the 2019 move ) and $7,200.00 (The 61.8 retracement of the 2019 move) would be healthy and maybe even needed. Both of these prices are marked by the green X's.
THE TREND: Going down.
THE OUTLOOK: Unsafe to buy BTC but safe to enter and buy some alts.
Be safe and follow me to stay ahead of the curve.
Cardano (ADA) Nearing Bullish Gartley CompletionSince I haven't been following or trading Cardano for some time, I have no fundamental data to chase the technicals here. Trade is based on raw pattern identification. Typically I would say to place stops below X, but in this instance it might make the R/R unfavorable for the trade, so use your best judgement based on support levels. For more information on what the Gartley Advanced Pattern is and/or how to trade it, see below. In a two target set up, PRZs are identified on the chart. Best of luck!
www.tradingview.com
ANOTHER Lisk bullish Cypher on the DailyIf you were waiting for an "optimal entry" and were dumb enough to miss the last round; amazingly we're getting a second look. I would expect to see a push lower, (hopefully) to the $15 range but with indies bottomed and embedded it could get crazy with a panic spike low. It's worth noting that SCMR is still printing red trend candles. Typically stops would be placed somewhere south of X, or under the $12 zone. See previous published chart for more detail on the Cypher advanced pattern. Cheers!
TLDR:
Traditional targets :
Target 1 : 0.382 retracement of CD leg
Target 2 : 0.618 retracement of CD leg
LISK - Bullish Cypher pattern Market opportunities like this don't come along very often. By definition, higher time frame charts are typically better indicators of over all trend than anything intra-day. Oddly, I find not very many traders utilize them. The bullish cypher pattern just completed on Lisk is a strong signal that we'll see a correction. Remains to be seen if it will be sustained but the entry remains a good R/R nonetheless. For more information on the Cypher advanced pattern, take a look at Nico's publication:
TLDR:
Traditional targets :
Target 1 : 0.382 retracement of CD leg
Target 2 : 0.618 retracement of CD leg
Opinion and disclosure: Lisk has - serious - potential for 2018. I do not trade Lisk, only buy more when and where I am able. I still chart it for patterns and entries, much as I do with many other pairs I follow. I have (as of 9 days ago) sold half my EOS position to buy more LISk. Be smart with your trades, and best of luck to you.
EOS starting to signal a bullish trendI've been evangelizing the chat to annoyance, so I thought I'd post a public idea on the issue.
About two years ago, after reading into the night (for many nights) on this thing called "ethereum" I was super excited about the tech and it's potential. I'd post about it constantly in the chat, suggest people buy in or at least look into it and give it an honest review. I really wanted it to be successful, not explicitly for my profits (as I bought pre-sale) but for the desperate need for such a technology to exist and to thrive. Unfortunately after a myriad of Ethereum based ICOs, it's become painfully clear that the tech we got, was not the tech that we need or which will last. Each new ICO on the ethereum network exposes more flaws, mainly being: it will never be able to scale to real-world business transaction needs. The network grinds to a halt, causing transactions to take hours or days at best, or to just fail completely at worst. Hell, look at the needs of a network like Facebook for that matter: 510,000 comments are posted, 293,000 statuses are updated, and 136,000 photos are uploaded -- PER MINUTE. Visa can do 24,000 transactions per second... Ethereum is crushed by 10. 10 per second is it's top and it's not even able to handle that in reality.
I explained that, to tell you this: I have FULLY divested from Ethereum, and am buying heavy into the tech most likely to swallow it whole - EOS.
Do your own research on EOS and get educated. The price is very attractive right now and as the chart shows, it is signaling the start of a bullish trend. I will not sell my EOS for at least two years. I want it to fully succeed and I'm looking at the investment- as an investment - into a product I want to use. I have NO targets for EOS, and will be buying in at many different levels. The green line on the chart indicates my average entry to date.
Please save your tirade about how Ethereum is never going away- for someone who cares. I'm making no claims as to the continued existence of the Ethereum network, only that I'll no longer be supporting it.
Good luck out there.
add also: medium.com
and this: www.coindesk.com
ANTshares / NEO Symmetrical triangle BreakoutNot a lot to say about this at the moment. There are fundamental influences at work which have forced a break out of the symmetrical triangle to the up side. Standard target on this pattern is a measured move from the first bottom touch of the pattern to the top resistance line. A conservative take profit level would be at #1, where we see an extension of the lower support trend line off the first top touch of the pattern. A more aggressive profit target would be at #2, which is the typical termination level for such a trade. The green horizontal line on the chart represents my average entry.
XRP Doom Target short, then long. This is a bit granular but I like the way the 4 hr looks. This long trade setup is the coupe de gras on the symmetrical triangle break down. When our long-shot long failed from back on the 7th ( see published chart ), it confirmed the short trade off the triangle. An aggressive entry would have been a candle close below the pattern on higher time frames. More conservative entries can be taken at our current level or at a break below the previous structure low. If price gets below that level, the final pattern target is a shoe-in.
It's also worth noting that we have an overlay of Bitcoin price action ( which I explain here ) Admittedly
The T/P and buy target is shown on the chart and spans the measured move from the opening of the pattern, as is typical.
XRP Price action overlayJust an interesting observation. While looking at the structure of a number of different "Alt" coins I started to see a pattern. Granted, markets move the way they do because of the actions of the participants- which are more often than not going to be similar to other participants. This is why fibs work, and why there is a known bubble cycle. People are predictable.
Case-in-point: This higher time frame bitcoin price action overlay onto the XRP (Ripple) 12hr chart. I've posted this in the chat a number of times in an effort to show others what seems to be a working road map, having been consistent now for months. I originally produced the overlay at the break of the symetrical triangle. The targets shown were drawn in PRIOR to the addition of the overlay, which shows a potential confirmation of the pattern target.
Take from this what you will.