getting close to a couple big trendline support areas, im dip entry 23.5, stop loss 22.5 price target 27.5, great risk reward! :) gooduck, feel free to leave a like and comment <3
Gaming sector has just started moving and about to breakout . SKLZ is going to be one of the leaders . Great bullish chart . ARK has also added this to their portfolio .
SKLZ watching for reaction here at 200ema on 15min @20.55
Entry @21. Will add if needed at bottom of regression channel @19-18.50
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The price broke out the 23.36 resistance but returned into the canal. After that we see the price can’t go lower from the tenkan sen level and then a strong bullish candlestick breaks out the 23.36 resistance again and the next one is bullish. There is a big chance for the price to lift up the kijun sen and flying!!!!!
Entered calls on 01/11. Watch for breakout as cup and handle is forming and appears to be gaining momentum.
DONT FORGET - ARK bought a TON of shares just last week. This stock is worth keeping in the portfolio or as I am playing, buying leaps/long calls.
$SKLZ $SPAC $ARK $ARKQ
One of my new favorite SPAC plays - SKLZ.
Skillz is an online mobile multiplayer competition platform that is integrated into a number of iOS and Android games. Players use it to compete in competitions against other players across the world (Wikipedia). SPACs are all the rage right now so it is important to know which ones are hot and which ones are not.
Watch...
NYSE:SKLZ is a newly merged SPAC which build paid tournament (or gambling) experience into casual online games. And ARK Invest, most specifically AMEX:ARKW , has just newly bought in their shares on Jan 4th and has added another 200K shares just yesterday. From a pure technical standpoint I am not surprised it would breakout from its all-time high of 23.87 on...
Ive been in SKLZ since it converted from FEAC and played options and commons in FEAC a lot before I took my final position that I held into the merger.
I love it and its getting new attention. It's in my gaming-stock portfolio.
Let's be simple men. volume around a bullish break in a bull flag, we buy and hold. I see at least $21 if this happens and could see a 2x. good luck happy trading.
