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SPAC with a promising future

On September 2nd FEAC announced their acquisition target of Skillz, a platform that enables esports tournaments on mobile apps. A product riding a few mega trends and being brought to market by the same partners who brought
DKNG to market in similar fashion. This looks to move upwards at break of the neckline, with first fib target above and second (not pictured) at 16.03.
"Skillz is pioneering the competitive mobile gaming experience, powering tournaments for thousands of game developers around the world, expanding and leading growth in the mobile gaming market. It is anticipated that in 2020, Skillz’s patented technology will power over two billion casual esports tournaments and facilitate $1.6 billion in paid entry fees for games hosted on its secure and proprietary platform."
"Skillz is pioneering the competitive mobile gaming experience, powering tournaments for thousands of game developers around the world, expanding and leading growth in the mobile gaming market. It is anticipated that in 2020, Skillz’s patented technology will power over two billion casual esports tournaments and facilitate $1.6 billion in paid entry fees for games hosted on its secure and proprietary platform."
取消訂單
This has not played out well. A break above that level will take additional time.免責聲明
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