ATVI has been on the rise since the beginning of the year. The 200 day EMA and the support line from the weekly are basically mimicking each other.
I drew in a bunch of skinny black lines which allow me to determine when the sharp downtrend gets reversed. This doesn't mean a huge breakout will follow but in ATVI's case I would say a 2-3% rise with the possibility of a breakout. Once it goes up 2% tighten your stop to protect your profits.
HAPPY TRADING!
I drew in a bunch of skinny black lines which allow me to determine when the sharp downtrend gets reversed. This doesn't mean a huge breakout will follow but in ATVI's case I would say a 2-3% rise with the possibility of a breakout. Once it goes up 2% tighten your stop to protect your profits.
HAPPY TRADING!