The world's 3rd largest video game publisher, ATVI holding up today Keeps testing ~73.5 Up from yesterday's close, (and closed higher yesterday=strong finish) Still trading above both the 50 Dy MA and the 200 day MA on the weekly. Strong fundamentals Forward P/E 28.7 up 57.10% for 1 year up 38.21% for 6 months up 9.59% for the last 1 month cash flow up...
can see Activision breaking out further to clear $80 this month
My theory is Demand Zone holds as support and we continue uptrend to 77.37. The lower time time frame confluence is showing the Demand Zone as a strong support. The pullback to 0.618 Fibonacci is expected before we continue upward trend. Options Trade: 5/22 78c (Wait for pullback to our level before entry)
✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Will Activision's upcoming earnings be as active as their player count since COVID? Or, are we missing some potential Pitfalls? Let's take a look and see if we can't predict ATVI's Destiny. --- 1. Range MA is showing an uptrend (Green bar color) for ATVI on the 4 hour chart. 2....
ATVI reporting earnings this week. This chart depicts ATVI vs. EA - upward move signals ATVI outperformance, downward highlights EA outperformance. Who would you bet on?
Bullish on daily TF, as long as $62.75 holds. Fib levels shown below. Weekly - Possible cup forming and bull flag, but there is bearish RSI devergence. Options - On Friday, April 17, 2020 , 3,850 contracts were bought of the $72.50 call expiring on Friday, May 15, 2020, which are still in OI. 8.5% Move expected. May 8 P/C ratio .42, May 15 P/C ratio .25. Q1...
Has bounced through different fib levels perfectly. Has performed really well in this ugly COVID-rekt market. Bearish divergence possibly forming with a new micro high which would be at the .618 fib level, look to dump there first. BUT, from an overall long-term perspective it looks very healthy and bullish and would love to see how it performs especially when...
I’m long til About $70-73 on this one a Wave 5 developing. Also a Harmonic developed around waves 1-2.
#ActivisionBlizzard just broke out the resistance with volume just above average. RSI is still week and strong resistance ahead where may stall and pull back.
Two rising wedges ATVI and AMZN ATVI has already undergone a breakdown phase good for a short due to it being at a critical Fibonacci resistance, looking to recover on a long term uptrend AMZN is quite extended and should pullback
Potential swing up play on ATVI. Levels look good. Has held up well in these market conditions. Looking for bullish reversal signals under $50
$ATVI at confluence zone between R/S flip, uptrend line and EMA 200. Daily chart.
ATVI can easily see 65, 70 and 73.45 USD based on both fundamental and technical analysis. Price rises in rising channel and breaks resistance lines. Reward to risk ratio is more than 2.5. New games introduced by ATVI specially Call of Duty modern warfare and Call of Duty mobile shows signs of growth again and Warcraft III: Reforged and World of Warcraft:...
With equities being enormously stretched to the upside in recent months, it is wise idea start preparing for some short exposure. One idea, I am looking at is NASDAQ:ATVI $ATVI After halving in later 2018, during 2019 it is building what looks like a major bear flag. Wave structure, with price near 0.618 level, also suggest that the top might be near and...
8ish fresh demand level still holding - retrace to low 58 could be a good scalp entry. For longer term, look for further retrace to 56ish