Activision
Short Term - We look to Buy at 79.10 (stop at 76.16)
A bullish reverse Head and Shoulders has formed. This is positive for sentiment and the uptrend has potential to return. A weaker opening is expected to challenge bullish resolve. Previous resistance at 79.00 now becomes support. Further upside is expected although we prefer to set longs at our...
Not Financial Advice ~ A prediction
I think blizzard has met its newest level of resistance. In the upcoming weeks I expect ATVI to head back down to its latest level of support. To bounce back up, but I think the continuation bounce is going to be significantly lighter than the first.
Activision
Short Term
We look to Sell at 75.92 (stop at 78.77)
Preferred trade is to sell into rallies. Previous support level of 76.45 broken. Selling continued from the 61.8% pullback level of 85.33. There is ample scope for a move lower from this important resistance. Closed below the 20-day EMA .
Our profit targets will be 65.12 and 56.10
Resistance:...
Activision
Short Term
We look to Sell at 75.92 (stop at 78.77)
Preferred trade is to sell into rallies. Previous support level of 76.45 broken. Selling continued from the 61.8% pullback level of 85.33. There is ample scope for a move lower from this important resistance. Closed below the 20-day EMA.
Our profit targets will be 65.12 and 56.10
Resistance:...
The stock completed a nice 3 way move to the upside for an ABC (zig-zag) and might have started another leg to the downside that could take us to that 127.8-161.9 Fib Extension around the 34$ a share.
Last week was a rough one for all risk classes whether you are in stocks or cryptocurrencies. The market continues to grind to critical levels to break lower. Could this be max despair and therefor a buying opportunity? In this video I look at the patterns and levels I see forming and where opportunity may be.
Activision Blizzard ( ATVI ) Due For Snowslide?
I personally enjoy snow related activities to include snowboarding. But I can assure you a snowslide event is furthest from my mind when I go. If I had a heads up for the probability of one occurring in an area, I'd take adhere to safety precautions or be far removed from the event.
I believe that Activision...
Extra bullish pump with the purchase that happened but with interest rates still affecting the market, I can see this falling down to retest the previous levels before the pump.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not...
Activision
Short Term - We look to Sell at 77.15 (stop at 78.83)
We look to sell rallies. Previous support level of 78.00 broken. Previous support at 78.00 now becomes resistance. There is ample scope for a move lower from this important resistance. Selling continued from the 61.8% pullback level of 85.33.
Our profit targets will be 65.12 and 56.10...
The PEAD projected a Bearish outlook for $ATVI after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 25%.
ATVI has a has factors like a low on the RSI on the 1D and the 4H already off to and early reversal. The 4H MACD going in for a cross which made the 1D a bounce into green territory. Price action could definitely go back to resistance and maybe even break through it to find a new floor.
There are several factors that lead me to thing ATVI will have a very strong bounce in the near few. One of which is the MACD. On 1D it is getting back to the cross point. This could mean that it would go lower right. Well on the 240 it is well below the cross. Signaling a sign of probability over sold also judging by previous supply and demand zone. It may want...
clear symmetrical triangle. been coiling up here. key resistance 81.88 however we really just need to cross 81.60 as first barrier to start this bullish move up. it looks it has been really tightening in this consolidation here and the next move will be explosive! as long as price remains above 80s we are set. first target 87$
