slstlr

ATVI may be forming a big head and shoulders pattern

NASDAQ:ATVI   Activision Blizzard Inc
Looking at the 4h chart we can see that ATVI may be forming a big head and shoulders pattern. If the right shoulder is completed we could see a lot of sell-side trading. If there is a breakdown from the right shoulder it's possible we could see sub-55 prices. Don't open sell positions until the pattern is completed and a breakdown occurs!
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.