ATVI - to short at the break of 39.23

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/ Executive summery link here-
youtube.com/watch?v=7Wn2toXVMd8
Time Span: 0:25'
Trade Status: Pending
ATVI

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