Cathie Wood added more SKLZ, PLTR and DKNG. Should we go in yet?
For the past few days, market continue to trend downwards. $Skillz Inc(SKLZ)$continue its downwards momentum same as $Palantir Technologies Inc.(PLTR)$.
$DraftKings Inc.(DKNG)$also broke its 150MA and go below $53. After taking profit in same position last week, I been holding to still.
At least for me, it look about time to buy slowly into some on their next support level. Ofthe 3, I will likely go for PLTR who have strong revenue first. I still have a sell PUT position on SKLZ.
But for short term scalp trading, DKNG and PLTR offer better range of intraday support and resistance trading.
Buy when other are fearful and sell when other are greedy. There is no confirm sign of reversal yet, so likely will go half my usual position before adding in more.
May the market be with you!
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