shkspr

Long | ATVI | Nice set-up

Long
NASDAQ:ATVI   Activision Blizzard, Inc
NASDAQ:ATVI

Possible Scenario: LONG
Evidence: Stochastic oversold area, rejection by high volume by MA200, Price Action

TP1:94$
TP2: 96$
TP3: 98$
Earning day is close, and I expect a huge uptrend price action.
Call options, strike 92.5$, 17 Sep 2021

*This is my idea and could be wrong 100%,
Trade active: it holds it's support, price moving between a channel, and it looks good before earning.
no pain, no gain

Comments

This helps a lot with my analysis, thank you!
+1 Reply
Best post!Thanks a lot
Reply
Nice.. I kind of like this chart a little better.... if you believe in bullish RSI divergence, you have that going to... needs a breakout
Reply
shkspr CJS04
@CJS04, thanks for your opinion, I opened a meaningful position with shares and call options. I expect a huge profit.
+1 Reply