ATVI has a higher high on the weekly chart with divergence on the 14 day RSI. Seems that if price can close below 39 price will make a move to the 30 EMA with great potential of making a retest back to 26.50
Watch for a break above 43.15 with a close for a potential move to the upside. Possible Pump and Dump
ATVI running within a upward channel. We think it will break down as there are Significant insider selling & negative money-flow divergence. Break of 39.23 will be short entry confirmation. For Trade we are looking for Feb17- 34 put which are currently $1.35 Our target is 61,8% fib level at 32.85 You can check our detailed analysis on ATVI in the trading room/...
Activision seems geared to bounce back from a 10 day retracement. Hitting the 0.618 fib at the same time looks ready for some long action. Entry: 40,2 Stop: 39,1 Target1: 43,01
NASDAQ:ATVI Safe Trades;
Shortly we perhaps can see a moster Long Signal. If ATVI could tarde above the last green "2" massive longsignal with TP = 45$ appears!
04JUN16 (Daily) - Was considering shorting the stock below the $39.61 level, for a rebound to $35.59 should we get bearish signs, however while the stock has had a strong pin bar form from high 40s, we had stronger volume and a larger move to push the stock into its upper trading range. Additionally we may find a base at $38.16 which limits out downside on the...
Price keeps pushing against the resistance of the previous ATH. Bear divergence indicates it might not make it. However, there can be strong divergence during strong momentum trends. I will wait and see if it break through ATH with strong volume before entering a trade.
NASDAQ:ATVI Safe Trades;
Cant seem to break above 40. Bearish RSI divergence. This one will go down again before it goes up.
going for 40 and then ATH. nice action on calls today and triple volume.
I'm short ATVI. Looks like a nice double top formation and falling MACD signals. I'm targeting $28.
weakness? market weakness? hmmm....... will post as soon as i can on entries waiting for the market to bounce a little.
following price. until resistance will gain a few $$$
ATVI smashed through resistance at 32.70 pushing the stock back over all the major moving averages and closed towards the high of the session. In the short term a test of $34 looks likely and subsequently $36 if there is a successful challenge of this level.