SKLZ - Did I say $6.66 I Meant $2 😄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.
