ATVI in large flat type pattern. Look for sells for C wave down
This company is failing it's customers in multiple ways. ATVI is a mix of two gaming companies that are both far beyond losing touch with it's customers and the gaming industry as a whole. A good gauge on how a certain game company is doing (and the best in my opinion) is by checking their community forums. In this case they are barren and...
I think Activision has possibly put in a bottom here. We saw a massive downside move that aligned exactly with the Diablo mobile announcement at Blizzcon, which in my opinion was a knee-jerk selloff. We saw climactic volume at the bottom (classic bottom signal) and have a multi-month bull div forming on the daily RSI. Short term action looks like a bull flag and...
- NASDAQ:ATVI broke above a falling channel in place since November - Prices are trading above their 20-day and 50-day EMA - MACD finally turned positive - Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards) - Target is...
Hey everybody, the gaming market had a really rough two month and it was all a reason of the fear of fortnite and its free game play with massive player community. EA Sports, Take Two and Activision Blizzard got beaten down and I was lucky to grab a position at the gap close at 40$. I was looking at it before but was instead of greedy like in the past, I was...
As you see that the Activision Blizzard, Inc in a strong downtrend so we are looking only for sell opportunity . I think the best zone area near 55.00 zone
Activision seems to have made 5 waves down. Now that the earnings have been announced, it looks like a run could start, with the top of the pennant as first resistance (around 52 dollars) and the first fib as second TP (around 57 dollars).
Blizzard Activision has broken the trend of a 18% loss before a >60% gain, indicating that the cyclical nature may have been broken due to a mixed review on its publicized Diablo (mobile) and COD:BO4. The company will not be down for long though, as the RSI and VI are indicating that while reception of these products has been poor, the company is in no way going...
Why I went long on Calls * Company has been beat up for the last month which is important for me to see before playing reversals * Supports has been breached; the most notable ones include the BB basis line and 50EMA - these supports cracked with little fight involved * Price is now currently sitting on top of the ascending trend line which shares confluence...
ATVI: Why I went Long on Calls * Company has been beat up since a month ago after creating new ATH's at 81.xx * Basis line on the BB has been breached; 50EMA has been breached; now is currently being supported by an ascending trend line that has propped the stock up on 3 separate weekly occasions (Dec, early April and late April) * This ascending TL also shares...
Not big fan of selling into corrections but look how fast the price has moved down from recent Ending Diagonals (good RSI divergence to support these). Most of the ending diagnosis retrace back to the end of wave 2 so we could see a correction down to 44.60 There could be one more move up before the correction (Although RSI suggests that may not be the...
not my normal setup but there is a lot of confluence for this gap to close, watch for the break and correction