OBV > ema50(OBV) but is gradually decreasing
Leda Roberts in bullish. Looks like a good longer term bullish trade to 'me'. Breaking out of strong resistance. Buy the short term pull back but be bullish. 5/11/15 All time high. Good weekly chart.
This looks like it's starting to channel but it's too early to tell if it is. Still waiting for this to shape into something.
i am personally bearish on ATVI with 2 spinning tops and 1 forming again, i see price action falling but at 19.00 will be a key level to see if resistance is tested, i might see it going up to 21.75 if it can hold up at 19.00, if not i expect 18.53
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...
RSI is extremely overbought on daily. Also MACD has been pretty flat on daily, but bearish cross could come soon. Reaching heavy short term resistance. Plan on shorting to 23.50 and finding support for long-term position on Q3 and Q4 earnings. -Tydir