March 8 - Wolfpack Research released a short report. The stock price fell about -11% on the day. March 18 - Public offering of 32,000,000 shares. The stock price fell about -9%. SKLZ has been heavily beaten down, currently sitting at roughly 60% down from all time highs. Cathie Wood/ Ark Invest added 745,700 shares to their position on Thursday, March 25, totaling just over 6 million shares.
I will look to long this stock for a few reasons.
3From a technical perspective, SKLZ is sitting on the 200EMA on the daily chart . This is a significant support level . In addition, it is also sitting on the 0.786 fib level, which is another important level of support. We seem to be in wave 2 of a 5 count elliot wave which should be about 60% retracement from the first big move. leads me to believe that the ~$18 level could very well be the bottom.
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.