I've been trading for 5 months. I am by no means an expert so please don't solely go off my advice or my actions. I have been keeping a log for quite some time on Tradingview but i have just now decided to go public. If you can help me at all and have any thoughts on my stock actions please feel free to leave comments.
ATVI is at the bottom of a support line right now and nearing the 200 day MA. At each touch of the MA it has bounced back up significantly. It is also nearing a resistance line on a inclining trend. Soon I am predicting we will have a big spike in ATVI. Right now i am going to try and ride the bounce off the support/200MA. If i have good volume and correct price movement i plan to buy in soon on Monday and add to the inclining rise if my pick is correct.
ATVI is at the bottom of a support line right now and nearing the 200 day MA. At each touch of the MA it has bounced back up significantly. It is also nearing a resistance line on a inclining trend. Soon I am predicting we will have a big spike in ATVI. Right now i am going to try and ride the bounce off the support/200MA. If i have good volume and correct price movement i plan to buy in soon on Monday and add to the inclining rise if my pick is correct.
Comment:
Bought in position at 72.43. Another stop buy at 73.67. Stop sell at 71.49
Comment:
Unfortunately the market took a hit the past couple of days and ATVI couldn't pop. But at first the support was good and there was nice volume on it. It dipped below 71.49 so my position is out but it rallied back and is holding that support line. Might look for another buy in after we see some high volume and raise in price action. If we dont succeed at first, try again
Comment:
I bought in near the support again as i saw it wasnt going below it, waited for it to break yesterdays high, at around 73 and i followed the pop up for a 9 point profit. Sold out as it hit a resistance at 81. Looking for it to make 79 a new support and to pop above 81.20 for another small rise.
Comment:
WINNING TRADE