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Therealaleech
Nov 25, 2014 11:32 PM

ATVI - One more ride? Long

Activision Blizzard IncNASDAQ

Description

The volume has been dicey recently. The EMA’s are converging and we are looking for a cross. The SMA’s are slowing down looking to hug each other. Stochastics are giving a buy, RSI is getting high and MACD is saying hi (lol, sorry for that). BB would need to be broken (which they were today). ADX is level with room to move on this one. I played ATVI in June on the up and it worked out fairly decently, so I trust it (as much as you can). R:R is 1:3.

Trigger is $21.70
Stop is $20.80
Target is $23.86
Comments
fseminario
what is the time frame?
Therealaleech
My actual time frame is 6-8 weeks. Ideal would be about 4.
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