Trader_Joe_Lee

ATVI, Great relative strength inside day !

Long
Trader_Joe_Lee Updated   
NASDAQ:ATVI   Activision Blizzard Inc
I'm a big fan of HearthStone and Warcraft III was my favorite game back to my senior high.
That's not really important in terms of investment and trading, while it does create some preference bias for me lol.

Yesterday the market was slumped almost 1%, stocks that are able to have an inside day showed great relative strength, as most stocks may break the previous low in such a day.
For ATVI, it finished price correction to 8EMA and gives an inside day, I am willing to long the inside day breakout in such an uptrend.

Comment:
1st kick is slightly lower than 1:1 this time, as I don't want to be too greedy to my 1st kick to put sell limit higher than all-time high.
Comment:
hahaha, an exactly 65.30 high, never breakout and broke to the downside, the trade doesn't exist anymore

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