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Elpidaldo
Nov 11, 2021 11:10 PM

ATVI: GOOD FOR A QUICK TRADE Long

Activision Blizzard IncNASDAQ

Description

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.
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