SKLZ trade ideas
SKLZ - WIll Bottom Below $6Having passed my target from September of $6.66, I've taken some short range fib projections to make an attempt at calling SKLZ bottom.
Target area between $5.63 - $5.86, but good chance it can go slightly lower still.
Not advice.
SKLZ - Deep Value Is Coming, Have You Been Patient? 🤠This devastating bear market is most likely drawing to a close imo for SKLZ.
Significant bullish divergence is developing.
But the bottom isn't in yet - there is a little further to go.
My 1:1 target is still as it was back in September:
$6.66.
See you there.
Not advice.
BUY THE DIP // SKLZWill keep updating
Just adding shares at target, no options
Will sell calls in future with shares at sell targets
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Buy $SKLZ - NRPicks 01 OctSkillz Inc. is a company that primarily develops and supports a proprietary online hosted technology platform that enables independent game developers to organize tournaments and provide competitive gaming activity to end users around the world.
Sklz short squeezeGreat buying opportunity sklz has cleared liquidity and sl so banks are gonna buy up and sellers are gonna remove themselves from the market driving up the price
through the resistance lineThe third candlestick is forming. I expect an upward movement through the resistance line
$SKLZ update Chart looks absolutely amazing for this week, the Thursday and Friday price action was just what we were looking for. Can't get much tighter between the 12 & 100 EMA along with the symmetrical triangle. I'm aiming for a breakout to $14-$15 this week followed by some possible consolidation before another run. I'm pretty heavy in 11/26 $15 calls.
$SKLZ looking ready for a nice move $SKLZ looking for move to $15+ if it breaks through the $13 resistance
If anybody is riding this tickerJust sharing where to book profits if someone is already long on it. No longs here for me yet.
SKLZ-Cup n Handle Cup and handle on the daily. Has massive upside potential and earnings are coming Wednesday next week…
SKLZ Breakout Incoming?Massive descending wedge has been in place since Q1 of this year. Let's see if we can breakout. Increasing volume today was a good sign. Q4 market environment should support these types of stocks IMO.
$SKLZ bottom in?forgot to post the chart
play to earn concept
been watching this closely
shoutout @deadnsyde on twitter/yt
SHORT SQUEEZe UP AND GOOING HIGH SKLZ Skillz is going to pump up to $14 by the end of November. It will drop to $8 next couple weeks or less.
SKLZ predictionHope you all have a nice day my companions!
I did this analysis based on fibonacci, volumeprofiling and background news.
Fibonacci shows us a strength resistance around 11.30$, this need to break before we can estimate further price movements.
the volumprofile is confident around 10.70$, this is mostly the target in the next days/weeks - lets see.
Stop loss aorun 8.40$ seems to be a good choice and the risk/reward is pretty confident!
Backround check:
First very important - Since Q2 2021 cash and equivalents of $692.8 million with zero debt!
Since the listing of Skillz (NASDAQ:SLKZ) stock in December 2020, there has hardly been any reason for investors to rejoice. After touching highs of $46.30 in February 2021, SKLZ stock has been in a sustained downtrend.
A row of people wearing matching outfits and headsets play a video game together in a room with blue lighting.
Source: NYCStock / Shutterstock.com
In August 2021, Skillz formed a strategic partnership with Exit Games. With this partnership, developers will be able to utilize the advanced synchronous multiplayer gaming technology. This will help in creation of real-time, synchronous multiplayer games. Therefore, it’s likely that the partnership will help in boosting users and user engagement.
Third, Skillz has also partnered with NFL. The partnership will identify new NFL-branded mobile game(s). As a part of this initiative, 14 games are already in the development phase.
Overall I see SKLZ in a good buy position with small risk.
SKLZ Harmonics: Bullish ABCD Shark Sklz is ending the second square contraction phase into October 18th to November 15th and beginning an expansion phase into the third square. Please see chart for entry and exit details of time and price ranges, for the final harmonic bounce of the the second square. Once the D point is achieved, one may go short for a 0.382-0.618 retracement from of X to C points. There are other levels below this level which can be reached but I expect this to be the final bottom for this square. Good luck, trade safely, and let's make that money!
