On September 2nd FEAC announced their acquisition target of Skillz, a platform that enables esports tournaments on mobile apps. A product riding a few mega trends and being brought to market by the same partners who brought $DKNG to market in similar fashion. This looks to move upwards at break of the neckline, with first fib target above and second (not...
Positive PR today brought this a bounce and the bottom may be in. While this stock has traded in the sub-$10 range for a while, it has previously been valued much higher. Fib levels marked from July 31st high and recent high and market pullback. Entry at the purple marked fib would confirm its in an uptrend. www.globenewswire.com
Updated from the earlier idea with adjusted fibs. Where the extension from March to recent monthly highs aligned, I used that fib as marked entry. Solid uptrend established Still oversold on the daily Entry near the fib especially after a successful backtest as support would be a solid entry. First gap comes from a large space in which there was no candle...
UOSUSD pair shows a convergence of various high time frame up upward trends, including following an early stage parabolic move. UOS has held remarkably well during altcoins bloodbath with price dropping from 20 cents to 13 cents (-35%) and already back to 15.5 cents (-23%) compared to many altcoins selling off at 55-80% and barely any recoveries. Moreover,...
FANS.C has formed a double bottom on the chart in the low .20s. Multiple bullish divergences on the Daily Chart with a strong pickup in Accumulation even as stock retraced to test the support line. The original drop was caused by shares issued as part of recent acquisition but there are early signs of bullish momentum returning. The company is running a...
After a failed breakout and a pullback, oversold conditions may prompt this reversal. A long-legged Doji on the daily is further indicator of this. Fib levels drawn from recent highs to lows provide support and resistance levels, additional stop loss could be set to previous day's lows or percentage based on your risk level. Ideal entry would be retest of the...
FANS.C is in the right sector during the pandemic and has seen massive growth in the past few months. The stock is temporarily range bound due to the still open $5M financing announced last month. .42 - .45 is proving to be strong support zone. RSI briefly hit oversold area on the hourly today. The company plans strong promotional push following the closing of...
Really wants $150. Nice MA stack on the daily and gaming has seen huge numbers growth during corona - they report end of July, a beat could send this thing flying.
What a crazy lockdown period huh? I used the time to trim my expenses budget, plan ahead and free up more capital for investing. I also learned a lot of cooking skills. I also invested during the lockdown (As I do every month with excess capital). Here's the Astralis Group update. Nobody is perfect, and I absolutely have taken a hit on this stock so far, but...
GAME.V chart is showing signs of bottoming out around .40. Bullish divergence with MACD. Recent private placement at .60 with insiders participating. Good news flow: - Torque Esports' All-Star Series to continue live on ESPN and ESPN2 - Major automotive brands and teams join Torque Esports' The Race All-Star Series - Discovery Inc.-owned Eurosport signs content...
VS.C is approaching the eSports sector the right way with its proprietary rewards platform that integrates into applications, games and streaming services. This is one of the sectors that is thriving during the coronavirus pandemic. The company keeps delivering on growth and has just announced an expansion into streaming video via Kast. Haywood analyst gives it a...
Closed above 61 I’m long looking to break 65 to make it to 70
ESPT.V lit up a nice green candle on the daily chart to end the week. Poked its head above the downtrend channel that started on Aug 20th for the first time. The company is one of the early movers in the rapidly growing #eSports sector and is expected to close a revenue-generating acquisition within 1 - 2 weeks, followed by another major acquisition. Both were...
EA Has confirmed breakout from the trendline that acted as resistance since the beginning of 2019. Initial target 115, secondary target 120.
IGT, International Game Technology, has been getting some unusually bullish call options activity today. IGT blew away analyst estimates on its last earnings report, and options traders may be betting on a repeat performance. IGT has been seeing particularly strong growth in its global lottery division. Even if IGT misses on earnings, it could soon start to gain...