#SKL/USDT#SKL
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.04324
Entry price 0.04380
First target 0.04482
Second target 0.04622
Third target 0.04775
Sklz
CNVS LONG TERM HOLD PAYING OFF. Looking forward to staying above 2.74 heading to test 3.94 with the momentum. ER COMES NOV 11 they continuously make revenue yoy and have been a positive company thru dark times of covid and stock market reset. Held thru and avd down !
Levels to stay above 2.70
Future tests 3.94 , 5.06
Onward to the volume held on at 10$ potentially with a insanely bullish run.
There could be a deal in the making, not sure but there is massive momentum. Looking to take profit at 4.20$ if trend continues but holding most of the shares for closer to nov 11
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 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
$SKLZ Should Get Technical Bounce$SKLZ should, at a minimum, soon get a strong 30% technical bounce from its current levels. At a minimum, I expect a rally to the orange box. It may also be ending the entire decline from February onwards, but I will remain conservative here and only aim for the initial move for the moment.
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 stock analysis and prediction. Boxes strategy + patternsHello everyone!
Today I take a look at mysterious NYSE:SKLZ price movement.
Why misterious?
I personally think the company has a great business plan, innovative product and tons of growth potential. Fundamentally, if stock price alligns with the business indicators, it should skyrocket.
However , stock price does not reflect that view and just keeps plummeting for the last half a year.
So let's talk charts.
Red trend lines combined with stock movement since February 2021 represent a typical falling wedge.
I drew the predictive blue arrow path in August when price bounced from $10 level.
I was expecting the price to break the wedge and soar up.
Even though we went up on a breakout, that was not for long.
So now I turn to my boxes strategy to help me figure out what is going on.
Key levels are indicated on the chart.
A couple of scenarious here:
If long-term support breaks, I suggest selling the stock.
If 12.44 is taken, we see a move higher with 13.93 level retest. If all goes well, I want to see 18 by the end of this year.
Otherwise, we move sideways in a tight range of the smaller box.
Remember!
Look for unusual volume on breakout from the key levels.
Overall, I expect this stock to move much higher in the long run.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
$SKLZ - Requested Analysis - I hold no position$SKLZ - Requested Analysis
Ok, @pridefulRider62005, so this is a newer stock and I usually like to see more technicals, but I’ll do the best I can… The All time lows are at 9.81, which I noticed was just tested and it bounced up and off of it… but it looks like it might test it again…
If it breaks below that then there is really no support down there…
If you don’t have a position at the moment, I would wait until the trend reverses… But if you do, then ideally what you want to see is from here to get above the 50 EMA, and if that holds, then to get above the 180 EMA and from there you can stay in the trade for as long as the macD stays above 0…. (Right now it’s below zero and SKLZ will stay bearish for as long as the MacD is UNDER the 0 centerline)
I hope this helps…
A review on the watchlist I shared last week..!
In this post, I want to review the outcome of the watchlist I shared on August 28, for the stocks with short squeeze potential.
30 out of 50 finished the week with profits(60%)
10 have +10% gain(10-32%)
The worst outcome was (-7.99%)
These results clearly show we should take the Quadruple Witching phenomenon seriously, and most heavily shorted assets will experience nice rebounds weeks before these dates!
The Next 3 Extravagant Weeks ahead..!
www.tradingview.com
1- NASDAQ:KNBE
2- NASDAQ:KIRK
3- NASDAQ:FFIE
4- NASDAQ:GDRX
5- NASDAQ:BGFV
6- NASDAQ:ATER
7- NYSE:SKLZ
8- NASDAQ:SDC
These results are far better than WSB's top 50..!
Regardless of fundamentals, any asset has the potential to make you some profit at the right time..!(Mosh)
Hard time for short sellers to cover..!Market Cap: 3.9 B
Shares Outstanding: 334 M
Average Trading Volume (10 days): 17 M
Shares Short: 57.2 M
Short Interest(%): 17.29%
Days to cover: 4.1
Change in Short Interest: +6%
Ownership Breakdown:
Institutions: 46.6
General Public:24.9
Hedge Funds: 6
Individual insiders: 22.7
Sum: 1005
Option profile:
Total OI:
Put Call Ratio:0.48
Put OI:
Call OI:
Highest Put:10
Highest Call:15
Max Pain: 12.5
Open Int (30-Day): 478 K
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