Long if R is broken. I ask myself, why is this stock not up close to prices of EA, TTWO etc???? Higher market cap than either of the forementioned
Earnings 8-4 Old R at 84.68 which is not too far above price. If they beat earnings and is received well, then R may be broken. Short is low
Rising Wedge. I do not see another pattern right now other than an uptrend (which is not really a pattern) and a C&H that broke out at 65.3 I am a pattern person and could be a negative thing..dunno. Up Trends are usually continued..until they are not. I think this is a strong stock though. I do not own it.
ATVI dipped out of the wedge very briefly with a candle tail
A strong stock may not fall any further from rising wedges than this one has already done
I will watch for now
Not a recommendation
Earnings 8-4 Old R at 84.68 which is not too far above price. If they beat earnings and is received well, then R may be broken. Short is low
Rising Wedge. I do not see another pattern right now other than an uptrend (which is not really a pattern) and a C&H that broke out at 65.3 I am a pattern person and could be a negative thing..dunno. Up Trends are usually continued..until they are not. I think this is a strong stock though. I do not own it.
ATVI dipped out of the wedge very briefly with a candle tail
A strong stock may not fall any further from rising wedges than this one has already done
I will watch for now
Not a recommendation
Comment:
Broke resistance