VMW trade ideas
Stock ATVI Seasonality
Stock ATVI seasonality starts to Buy date on February 18 and ends Sell date on May 11
Percent Profitable is 84.21% in 19 years and an average return of 11.61% per year
$ATVI potential weekly rounding bottom reversal #stock #trading$ATVI EARNINGS RESULTS TODAY AFTER MARKET CLOSE!!! (outlook obviously depends on the outcome, but I publish this especially for those interested in earnings results options strategy)
$ATVI stock price has hit a 2018 high of 84.68 in OCT and has been in a downtrend since.
It has hit a low of 39.85 in FEB'19 and since then chart has formed a potential rounding bottom reversal pattern.
In addition since SEP'19 the chart is forming an ascending triangle with the resistance line around 56.60
Also worth mentioning both MACD and RSI have shown signs of positive divergence since the bottom in FEB'19
Look for a sustained BREAKOUT AND CLOSE above the resistance at 56.60 on the weekly chart ( ideally a CLOSE above the highs at 57.50 will be more powerful )
Targets:
T1 - from the ascending triangle breakout is around 62.95
T2 - from the breakout of the rounding bottom reversal is around 73.35
Good luck,
TA
Long ATVI, new games releasesATVI can easily see 65, 70 and 73.45 USD based on both fundamental and technical analysis. Price rises in rising channel and breaks resistance lines. Reward to risk ratio is more than 2.5. New games introduced by ATVI specially Call of Duty modern warfare and Call of Duty mobile shows signs of growth again and Warcraft III: Reforged and World of Warcraft: Shadowlands could rise predicted EPS for next quarters.
Activision Blizzard trade setup $ATVI
Possible entry $63.00
Target price below Fibonacci golden pocket $67.44
Stop loss $61.27
Overall much higher prices could be seen if the C&H plays out but markets at elevated levels, short term trade is fine
$ATVI Short targeting 55 remained LONG for longer termBearish candlesticks with higher volume . indicators on 50-50 . Correction to 0.62 fib will be healthy to run up again targeting higher top for 2020 but early to discuss . lets see after earning and confirm the trend ..
ATVIConfirmed lower swing high for continuation to down side for the retracement, Targets based on Fibannci levels as highlighted
$ATVi Next Trade setup for Activision BlizzardPrevious gap fill target hit, nest trade on the break above gap fill level and 0.5 fibonacci level.
Upside target to daily resistance and Fibonacci .65 Golden Pocket resistance.
Activision - New lows ahead?With equities being enormously stretched to the upside in recent months, it is wise idea start preparing for some short exposure.
One idea, I am looking at is NASDAQ:ATVI $ATVI
After halving in later 2018, during 2019 it is building what looks like a major bear flag. Wave structure, with price near 0.618 level, also suggest that the top might be near and reversal may start relatively soon (probably though we will get gap fill at first).
For entry some support trendlines also need to break first, and I will be watching for this development.
P.S. NASDAQ:EA chart is somewhat similiar $EA
$ATVI8ish fresh demand level still holding - retrace to low 58 could be a good scalp entry. For longer term, look for further retrace to 56ish
ATVI - Break and Test3 words: CALL OF DUTY. ATVI's mobile game is exploding among many demographics. My CY 2020 price target is $65 but would not be surprised if it goes up to $67. We just got a retest of the broken level from last year. As long as the ascending trendines hold, I expect my target to be reached.
If you have questions please feel free to PM me or use the comment section below! Like and follow for more ideas, and updates to older ones!
$ATVI Activision Blizzard Gap fill trade Entry level $59.23 = Target price $62.15 = Stop loss $58.24
Short interest 3.58%
Company profile
Activision Blizzard, Inc. engages in the development and publication of interactive entertainment. It operates through the following segments: Activision, Blizzard, and King. The Activision segment develops and publishes interactive software products and entertainment content, particularly for the console platform. The Blizzard segment develops and publishes interactive software products and entertainment content, particularly for the PC platform. The King segment develops and publishes interactive entertainment content and services, particularly on mobile platforms, such as Google's Android and Apple's iOS. The company was founded in 1979 and is headquartered in Santa Monica, CA.
ATVI Bull flag!Activision has formed a rounded bottom, which I first thought may lead to a cup and handle. However it looks as if this is turning into a long term continuation of the bull trend. A clear island bottom can be observed (gap), also a recently formed bull flag. Also included a bull flag pattern for anyone interested.
GOOD TO GO SHORT it's gonna correct good to go down
as you can see we have a division signal
and rejection also its more likely gonna correct to the daily support
ATVI two most likely scenariosATVI is following the same trend the whole year.
Price is heading to the key level which is around 57$.
ATVI Cup and handleActivision early cup and handle formation, clear cup has formed. Both situations are bullish and lead to long term continuation of the uptrend established. Great long after handle has formed.
