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chinawildman
Mar 17, 2019 3:17 PM

looks bottomed out Long

Activision Blizzard IncNASDAQ

Description

Weekly RSI looks to be on the upswing from oversold levels bouncing off the 0.886. Bullish shark pattern would imply a minimum 0.5 retrace which lines up w/ gap fill around 62. There's what appears to be a three drives pattern here too though not ideal, but the idea is there for a reversal. Might start w/ some June calls here or wait for a successful breakout and retest of the current channel.
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