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EA potential MA 50 MA 200 crossover and start of bulltrendEA released its newest game Apex Legends on February the 4th. The market didn't really do anything special that day because the ER was coming the day after. The market reacted badly to the earnings and made the stock dump. The first day after the ER the market went as low as 78.00$ before it started its next uptrend. From its February low it has made around a 39% increase. I think it can be a good trade to buy the breakout IF it breaks the current channel its in and if the 50/200 MA crosses. From the beginning of the stocks last bullish cycle from July 2012 to the August top in 2018, the 50/200 MA has crossed 4 times in which it has made good gains before its recent 50% drop. The price of 78$ when it bounced is also the 0.5 on the fib retracement scale of the bullish cycle. EA has also bounced on the 2 lowest blue trend lines 3 times from its last low. Note that the 78.00 market acted as a previous top and resistance for EA back in 2015 before it became as support bouncing the first time on December 2016 and now recently in December 2018.
NASDAQ:EALong
by M1das33
1
Bull flag on EA. Could look to rally higher.EA is currently consolidating within a clean bull flag pattern, and could look to break out soon. EA is coming up to the top of the bull-flag, which is in the vicinity of the 200 day moving average, so it will really need some volume and conviction to break through these resistance levels. EA has the 50 day moving average acting as support, along with the bottom support line of the bull flag, and we could be setting up for a golden daily MA cross (50 MA crossing the 200 MA) if price can break to the upside here. As a side note, if my technical analysis (or analysis in general) is helpful and informative, I accept BTC donations ( my BTC address is in the Signature box below.) I'm a full time student in college, so any donations are greatly appreciated! Thank you! Moving average guide (All daily for this post): 50 day moving average in Green. 100 day moving average in Yellow. 200 day moving average in Red. Entry: $98.40-$103.20 Target 1: $111.30 (Prior consolidation zone.) Target 2: $116.00 (Prior consolidation zone.) Target 3: $121.60 (Prior resistance zone.) SL: $95.50 (Below the 50 day moving average, below the bottom support line of the bull-flag, and below the previous wick which hit $95.66.) -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
NASDAQ:EALong
by Deftsuo
The old big dividend bait and switch... This company is failing it's customers in multiple ways. ATVI is a mix of two gaming companies that are both far beyond losing touch with it's customers and the gaming industry as a whole. A good gauge on how a certain game company is doing (and the best in my opinion) is by checking their community forums. In this case they are barren and extremely bias, in favor of the company and it's profits. The mods seem dismissal towards players and their problems. I saw this coming and should of posted this months ago when the price was 100% higher. The only hope for these two companies is to completely restructure it's leadership methodology, business model, and the development of the games them selves. Good gaming companies are run by gamers not big corporate executives unfortunately. I suspect a massive to the $60 range then a complete and utter decimation to it's market cap, again..
NASDAQ:ATVIShort
by excito
Long - Take-Two Interactive (TTWO)- NASDAQ:TTWO broke above a falling wedge pattern in place since last summer - Prices are trading above their 20-day and 50-day EMA - MACD finally turned positive - Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards) - Target is set at an overlap level the 200-day EMA (20%) with a stop-loss at the low (8.25%)
NASDAQ:TTWOLong
by yacine.ouldchikh
ATVI: Rounded Bottom with Dark Pools WaitingActivision Blizzard Co is developing what will become an intermediate-term rounded bottom formation, aka bowl bottom. It is about 25% to completion. Large-lot indicators have not formed a shift of sentiment pattern yet, as smaller funds’ VWAP orders continue to trigger in capitulation mode. The smaller funds are giving up on ATVI as it bottoms. The Dark Pools will wait to see if the stock will drop further due to the smaller funds dumping before they decide where to set their TWAP orders. ATVI is a gaming company that is gearing up for Augmented Reality.
NASDAQ:ATVI
by MarthaStokesCMT-TechniTrader
Big block buying in FUNCOM could be catalyst for new uptrendBUY Signal: Any move on high volume punching through NOK 15 and especially NOK 16.5 represents renewed positive momentum in the FUNCOM stock. --------------------------------------------------------------------- The top 20 owner list in Funcom has been dominated by active traders selling off after the recent NOK 25 peak that occured after Funcom announced that Conan Exiles was the most profitable game ever for the company. ( www.mmorpg.com ) Recent shareowner updates has indicated that new institutional owners are taking advantage of the current weakness in the stock to take a significant position. Speculations at the very active norwegian growth investors community Tekinvestor.no is that it is the new Core Ny Teknik fund that is owning the position. (www.realtid.se) Ahead of the Q4 2018 presentation, investors are expecting too see continued satisfying sales of Conan Exiles, and also satisfying sales of the sleeper hit Mutant Year Zero: Road to Eden that was launched at Steam during Q4.
FLong
by savepiginvest
ATVI looooooooooongmaaaaaan!I can't see $ATVI going down anymore than it already has. Sure - the world of gaming has changed, but I'm sure ATVI woke up to that realization pretty quickly. It has been 10 years since they had a serious shakeup, and last time I looked, 2008-2009 was a huge shift for them. They are going to shift hard again just like they did last time, Bungie is gone, opposite of what they did where Activision and Blizzard merged. Still, there is a major shakeup. We're talking mobile baby! We're talking microtransactions and money coming in for buying skins instead of new games. Expansion packs are cheap to introduce. Reskin and resell old titles as new has been their motto for quick cash fixes. No more though, the future if mobile. And if they want to capitalize, they have to put out something NEW and EXCITING for the mobile world. RSI is oversold MACD is crossing over Vortex indicator is (+) trending UP and (-) trending down/flat. and that autofib is saying half way zone just like in 2008. All of these looks tooooo familiar.
NASDAQ:ATVILong
by BTCStrategies
Activision activated at 40$ all the way to 60$ Hey everybody, the gaming market had a really rough two month and it was all a reason of the fear of fortnite and its free game play with massive player community. EA Sports, Take Two and Activision Blizzard got beaten down and I was lucky to grab a position at the gap close at 40$. I was looking at it before but was instead of greedy like in the past, I was really patiently waiting for it. And boom there it was on monday or tuesday. I will hold until around 60$ to close this gap from its big drop a few weeks ago and look at its behavior. The future will be challenging but I think they will get it clear that nobody is waiting for diabolo mobile games and concentrate on the core power like call of duty or overwatch with free plays and integrating monthly subscriptions for constant cash flow. If it will drop again I will take a second position at around 35$ after the 60% drop from its all time high. Just my opinion so make your own research And like always May the markets be with you
NASDAQ:ATVILong
by derfreietrader
A clear bullish cross & bounce off lows RSI break outAs shown on the chart it bounced off lows & headed towards a bullish cross An interview with CEO triggered a bigger volume due to lack of PR since IPO. Revenue growth is quite spectacular compared to many other AIM companies. I first bought after IPO at around 5.5p-6p & sold at 7.15p, I have then re-bought again last friday at 4.45p Lots of research around twitter on revenue figures & potential vs peers. High growth story here. Based on interview I believe we will get further news on more contracts.
BLong
by vcm11
Governments & regulators are finally hitting illegal gamblingAs usual, takes governments a decade to react to anything new. But once they get started they are relentless, zero is the bottom. They had a nice run, criminals made alot of money. But this disgusting filth is getting destroyed now. Microtransactions have been around for 20 years, at least the idea, but they have really been abused in the past 10 years and on a massive scale in the past 5 years, and now since very recently every gaming company in the world wants to milk the cow. Heard about the Diablo catastrophy? On the same subject, crypto has been around for 20 years (DigiCash B-money BitGold HashCash), but they have really been abused in the past 10 years (BTC 2009+) and on a massive scale in the past 5 years, and now since very recently every tech company and their mother wants to milk the cow. Heard about IBM Blockchain technology (empowers businesses to digitize your transaction workflow through a highly secured, shared and distributed ledger - lol nice one IBM). Exact same to us traders, and the % moves are even similar with gaming companies crashing down and making 20% bounces in 3 days, crypto doing more or less the same. So might as well put them together. Quick examples from 2018 "Video game loot boxes are "in violation of gambling legislation", according to the Belgium Gaming Commission" "Hawaiian state representative Chris Lee recently held a press conference where he characterized loot boxes as “predatory gaming,” and is working on legislation to ban minors from buying them. He later added in a Reddit post that “these kinds of loot boxes and microtransactions are explicitly designed to prey upon and exploit human psychology in the same way casino games are so designed.”" "US SEC Levies ‘First’ Civil Penalties Against Two ICOs for ‘Unregistered’ Securities" "SEC Slaps ‘Fraudulent’ ICO Founder With $30K Fine, Lifetime Ban" I do not care about how good the business model is, if your scam gets banned, the company revenues for that area is going straight to 0. Not down 50%. Down 100%. Zer0. It took a while, but it is really good that this is happening now. Crypto and microtransactions, same story, they just prey on idiots and addicted gamblers. Or little children. They are literally stealing candy from infants mouths. Or not infants but 5 years old. I will smile if they lose their pants. This will present good opportunities for smart money to go long on dumps and play the bounce, and NEVER EVER hold this crap. If gaming companies get undervalued, we could invest in them, but why invest in the devil, it's not all about making money. So ye, ride's over. Officials have finally made their move. Party's over boys, and it's all going down. LMAO activision blizzard. They are so bad at public communication. Anf they rly choose the wrong moment to jion the train. "Wow they're all making so much money" these super greedy idiots got all excited. Man I HOPE I really HOPE I pray China bans these disgusting predatory practices :D They just get insta destroyed then. ROAD TO ZERO!
HKEX:TCH1!Short
by MrRenev
Tron aims to dominate blockchain gamingGaming remains a multi-billion industry which is step by step moving onto the blockchain. This is a very slow process although it has begun. More and more games are being built on the blockchain and/or starting to adopt the technology in some way. Tron is one of the coins that is heavily involved in Gaming which is moving at a very high pace in that direction. With such a deep involvement, it could be one of the top gaming coins, staying on the top of all the competitors. TRX has very strong technical capabilities, which might or should attract developers for building complex online games utilizing all the benefits of the decentralized environment. Recently, Tron has launched its’ first game called Magic Academy, where players can interact with each other, allowing to buy, sell and trade their games. While this was a massive step by Tron, the TRX team didn't’ stop there. Now they are planning to release the second game called “Coin War”. This is a new cryptocurrency entertainment prediction scenario. It created by FCC team based on the financial prediction scenario. Coin War is set to be utilized for prediction in price changes of the most popular cryptocurrencies, along with the trend forecasting of the stock market indexes. Since the beginning of the month, when TRX laughed their first game, price has been rising from BTC 0.022 area, up to the BTC 0.027 resistance. Currently TRX/BTC stands at the same price as it was at the beginning of October. Its not much of a progress for the Tron, but there is a positive aspect of such price activity. First of all, it broke the triangle pattern, establishing higher highs and higher lows pattern, thus suggesting the validity of an uptrend. Second, price remains above the BTC 0.022 support area, which in fact, has been rejected cleanly today. TRX/BTC has reached precisely 88.6% Fibonacci retracement, hitting BTC 0.0215 low, producing spike and bouncing off. Another fact worth paying attention to, is that under the heavy trade volume TRX failed to break below the support, and actually did the opposite. While price remains above the support, some may interpret it as the the bottom of the current corrective wave down. Yes, its a risky assumption, but its a game of the risk and reward, but upside potential is there. First resistance is seen at BTC 0.023, second at 0.026 and third at 0.027. With the probability of the uptrend continuation, further price decline should also be considered probable. RSI oscillator broke below the uptrend trendline, that can provoke a selloff, resulting in the price drop down to BTC 0.019 or even 0.015. But this scenario will gain power only if the current support is broken, with the daily break and close below BTC 0.0215. To summarize, fundamentally, Tron seem to have very strong future, although there is a lot to prove in the future. As the support is holding, uptrend will continue. But break below it, can result in a lost confidence by investors and rapid drop in price.
BINANCE:TRXUSD
by CryptalDash
2
GameCredits (GAME) and the Rise of Gaming Industry in blockchainThe gaming industry has been growing at a very rapid rate in the recent years. Now, with the blockchain technology being widely adopted, gaming might take quite a different shape. In the near future we might see more and more games on the blockchain, making them more accessible, flexible, faster and cheaper and profitable for gamers. Some of the potential benefits are: 1. Ability to purchase games with cryptocurrency. 2. Having the Digital ID and settings, that can be used across multiple games. 3. Buy and sell virtual good for cryptocurrency 4. Run games on a blockchain, without having to install it on your computer. and the list goes on… One of the coins that trying to be a player in the blockchain gaming industry is GameCredits (GAME) - a blockchain-based digital currency widely used by the gaming community. Obviously, the gaming industry is just at the very early stage of “migration” into the blockchain. As the technology is getting more and more adopted by big players, price of gaming related tokes could have a very strong increase in rice over the long-term. Looking at GAME/BTC, it is currently trading at 2624 satoshis, which is almost the same price as exactly 3 years ago. GAME produced an all time high back in June 2017, when it reached btc 0.002. Considering the price at the all-time high and the recent low at 2400 sats, GAME lost to Bitcoin over 98%! Truly a huge drop in price, but it actually might be a signal on a very strong recovery. The price is very low even in relation to the total coin supply. During the past 3 months, GAME/BTC has found a strong support at 2500 satoshis level, which has been rejected 3 times. RSI has formed abolish divergence and the action has started. On the 23rd of September, under the heavy trade volume, price broke above the downtrend. Simultaneously, RSI oscillator uptrend trendline was rejected, while the descending channel broken. Possibly, these are signals of a trend reversal? Of course there is such probability, yet the risk of buying GAME at this stage is very high, but the rewards is also high. If current support will continue to hold, price might start moving up towards the strong resistance at btc 0.0002. Not only this is a 38.2% Fibonacci retracement level, but also a price level where the GAME was traded with the high volume and finally, it is a round number, which is a psychological level of resistance. Therefore, this could be a 700% potential gain overall. On the other hand, if the support is broken, more range trading could take place. Price might even decline further, down to the 1.272% Fibonacci support at 172 satoshis. RSI break below the uptrend trendline, might be the way to recognize the downtrend continuation. As the last point, GAME/BTC has recently retraced down to the Fib support that has been rejected along with the uptrend trendline. Is it a reversal?
G
by CryptalDash
1
Blizzard strong buyFundamentals 81.57. O.42% DIVIDEND Based in Santa Monica, CA Full time employees: 9,625 Develops and distributes content and services on video game consoles, personal computers and mobile devices. Operates through 3 segments: Activision Publishing, Blizzard Entertainment and King Digital Entertainment. Its products include various genres: first person shooter, action/adventure, role playing, strategy and others. STOXLINE rates it at a STRONG BUY with 4 Green Stars. Predicts stock will be 96.31 in 6 months. EPS: 2.210 P/E: 36.91 P/E Growth ratio: 0.01 Technicals ATVI is in a strong bull phase. It has broken new highs, but is pressing against the upper bound of the Kovach Reversals Indicator (KRI), which indicates that it may face a retracement soon. The Kovach Momentum Indicators are very strong, which again suggests we may face a retracement soon.
NASDAQ:ATVILong
by quantguy
GAME weekly chart: Blockchaining the gaming industry [BTFD]GameCredits VERY good potential for a x5/6 Hodl here we all know the gaming industry will undergo big changes and like most other industries blockchains will vital to future growth in this sector filling bags as near to the red basline as poss more info: gamecredits.com coinsutra.com What are GameCredits? GameCredits (GAME) is a digital currency based on blockchain. Its purpose is to become the universal currency for 2.6 billion gamers worldwide, to empower game developers both big and small in order to further grow the 100 billion dollar gaming industry, and to accelerate the wide adoption of decentralized cryptocurrencies as a better alternative to government-issued fiats. – GameCredits
GLong
by majorlee
7
UKG BUYThe temporary resistance line at 2700 sats looks to have turned to support for this gaming token. The fundamentals are strong with this project and the team is very active on the various community platforms. The project is much further than most higher priced positions and the incentive to use the coin is very apparent. I am bullish on this position and see an opportunity for a nice 100% return in the very short term. No further TA really required. Given the current market sentiment with ALTS flying, this is a perfect entry to earn a nice return. This is also a good longterm HODL IMO but the short term gains are also attractive.
ULong
by BlockReconnaissance