$ATVI - Activision - Another potential short
After my analysis of $TTWO I checked out other stocks in this sector.
ATVI is looking like another potential short. Outside day from the top Bollinger band. Price is also in a downtrend with rejection also from the Fib .500
Entry on break of todays low
SL at 76
TP1 at 71
TP2 68
ATVI is looking like another potential short. Outside day from the top Bollinger band. Price is also in a downtrend with rejection also from the Fib .500
Entry on break of todays low
SL at 76
TP1 at 71
TP2 68
Comment:
TP1 hit
Trade closed manually:
Break even hit at entry.
TP1 closed for profit.
TP1 closed for profit.