TradingView
hockeysniper
May 3, 2020 8:46 PM

Bullish on daily, as long as $62.75 holds. Fib levels shown Long

Activision Blizzard IncNASDAQ

Description

Bullish on daily TF, as long as $62.75 holds. Fib levels shown below. Weekly - Possible cup forming and bull flag, but there is bearish RSI devergence. Options - On Friday, April 17, 2020 , 3,850 contracts were bought of the $72.50 call expiring on Friday, May 15, 2020, which are still in OI. 8.5% Move expected. May 8 P/C ratio .42, May 15 P/C ratio .25. Q1 Earnings – They have beat Q1 EPS and Revenue expectations since 2014. Good Luck this week!
More