$SKLZ had a really nice run and has now pulled back sharply. It retraced to around the .618 from the beginning of it's current run. I have this on my watch list to go long if / when it can break out of this down trend. Which I think may happen over the next few trading days. All TBD. Ideas, not investing / trading advice.
SKLZ reported earnings and had a miss on...
$SKLZ-($27.45) mobile gaming- Bullish reversal hammer candle on the 100 day EMA. March 10 earnings coming up. I can see this creep up to the $40 range by EOW.
Fundamentally, SKLZ looks great as a long-term Growth play - with revenues almost doubling in the past year due to COVID, showing no signs of stopping as expected revenues will continue to grow at least 30% each year. Operating in the E-sports field, a relatively new and booming sector, the stock is also undervalued as consensus analyst's estimates are above the...
Major Wave 2 completing 5-3-5 correction. Invalidated under $25.
Long Trigger: hold over $33.
Short-term PT: Wave 3 .618 extension @ $50. by mid-april
Mid-term PT: Wave 3 1.618 extension @ $81 around mid-june.
“Our mission is to make gaming better by providing players with a fair and trusted competitive gaming experience and by enabling game developers to better monetize their content. We believe gaming is the future of entertainment, and in that future anyone can embrace their inner champion. The engagement we see from the players on our platform validates the...
Buy Stockonomy Weekly Pick 02.22.2021
$SKLZ has been seeing a strong uptrend on volume and institutional buying.
Many are long $SKLZ and a dip buy here to key levels makes sense.
Be aware, price could still dip lower to $30 support area.
