ATVI is headed south to retest what appears to be resistance around $45.50. This has been beaten down for months and has found a consistant bottom here around $45 and for the past few weeks has formed a nice consolidating wedge. Look for the restest and bounce off the lower band of resistance before entry. Keep an eye on RSI to curl up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.