support at 200ma again the 21ma has change direction from downtrend
support sitting around 16.70 area on the weekly chart, looking for some consolidation around these levels. I like this one long-term 2-4months out as small scalps are getting hammered this is a good scalp above 16's.. Plus ark likes it!
pretty support at 200ma and reversal to 27$
SKLZ 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...
This descending wedge could be bullish in midterm play. But for short term next Monday, I would wait for 19.25 confirmation and bet on long. If it drops to 17.5 I would go short.
I'm going to try to guess here. SKLZ will retest 29-ish this week and break-out, or next week retest again further down the rising pennant.
Wait for breaking out of the channel and daily candle close out of the channel for safer entry. It seems ark invest was busy past week to rescue its new plays and keep them above 50 EMA!
Hi traders SKLZ is Gaming Company with bright future i think lets see if it can break throw towards to channel resistance
Bullish Over: 37.85 Price Target: 43.25 Stop: 35.50 Contract: 03/19 40c
-a lot of momentum behind this name if it holds its recent gap level and breaks the recent descending resistance with volume, it could run.
Will we see a Tom Brady and co. victory and a SKLZ 3rd move up?