Elpidaldo

ATVI: GOOD FOR A QUICK TRADE

Long
NASDAQ:ATVI   Activision Blizzard, Inc
ATVI:

I don't know where ATVI will be in 6 months but I like it now for a swing trade.
We're a bit oversold, the price is far from the 1st moving average and we have this gap, so I would expect some kind of bounce. If we don't get the bounce, it's fine, the support is quiet close, so we're not risking too much money.

My play would be a long trade from the current price with a profit target at 72.20.
Stop loss around 65. 40 .

Trade safe!

Trade closed: target reached: Mission accomplished.