JimMakos

Strong resistance and key Fibonacci level on Activision chart

Short
NASDAQ:ATVI   Activision Blizzard Inc
Selling short at $22 and setting a tight stop loss of half a dollar. I’d set the profit target at recent low of $18.50, hoping to hit a 7:1 risk/reward trade!

Full analysis: jmak.ws/1AzwOV5

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.