ATVI broke out of a longterm wedgeNow this is on to new highs. All 5ma/8ma/21dma showing the uptrend
ATVI trade ideas
ATVI Technical AnalysisNASDAQ:ATVI I am still new to technical analysis but I think this is ready for another breakout.
It has some resistance at $74 but will test again soon and if broken run to high $70s. Daily chart shows an ascending triangle pattern. MACD is about to cross the signal line and RSI still shows its not over bought.
Lets see what happens.
Would love any feedback and appreciate any support!
ACTIVISION BLIZZARD + 13%Buy now and more low price.
Sell levels on the chart.
Profit + 13-40%
Good luck for you !
$ATVI bull flag?Here's an idea for your watch list. I like the looks of this Bull Flag on $ATVI. I'll be looking to enter on a close above the trend line around $72.65. I'll also want higher than average volume on any beak-out. Ideas, not trading advice.
$ATVI Activision Bull Flag
Looks like a nice Bull flag has formed which could take the stock much higher, but a possible less risky day trade to the $74-$75 level is possible
Long ATVIThis one looks like is finally about to pop up to the upside. Keep an eye on it. Target $80
$ATVI -> Support, Target and Ascending Channel optionNot for a suggestion, just an Idea
Good-luck to holders.
$ATVI Activision in Reversal
ATVI may present a good opportunity on a rotation back into tech.
Bounced nicely off support
$72.50 downtrend target
$74.50 daily horizontal resistance
ATVI - Set-up for Next Leg Up?ATVI
Daily
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Holding support @100ema/618fib = 67.55
StochRsi Macd, TTMSqueeze are setting up
4hr
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Holding support 618fib @67.55
Set-up at bottom of current uptrend
1st Target=786fib @75
2nd Target= 84
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
ACTIVISION Pprepares To Re-Test Bearish Order CandleWith price rejected twice at almost the same level ATVI may likely be set to rise to re-test the swing high at 72 (and above)...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
ATVI Long Term AnalysisThe only entertainment stock I am looking at right now is Activision/Blizzard for several reasons.
1. Took more of a corrective hit during the March lows with a 20% loss and it didn't even touch its long-term trendline low. I think that shows some strength and resilience compared to lets say Disney that took a 50% correction!
2. A win for the stay-at-home economy! Video Games allow children and adults to engage in a means of entertainment that is safe, affordable, and SOCIAL. Yes, it has become a social type of entertainment where you can connect with family and friends all over the world. Not to mention, it is becoming one of the biggest recognized sports.
3. Highly Addictive. Just like caffeine, sugar, salt (Warren Buffet owns a lot of Coca-Cola, I wonder why), Video Games increase dopamine levels and are HIGHLY ADDICTIVE. To the point that people cannot and will not stop playing them.
I put a limit trade in at $57.00 with a downside risk to $50.00 (where I will probably buy more if it looks bullish or wait for lower lows).
$ATVI STOCK TO BUY TODAY$ATVI IS RIGHT AT THE POINT TO ROCKET UP TO A NEW HIGH. its right at the last leg of the pattern and will create a new high around $80 - $84. I'm doing a couple options calls on it.
ATVIBased on my analysis:
1. ATVI formed a cup & stick chart (May 26-29).
2. Breakout neckline of 71.70 USD with the volume above average.
3. It is expected that the price will make correction to 0.5 fibo & supported by a slow stochastic indicator indicating the price will decline.
4. Traders are advised to take profit at (1) 74.60 USD or (2) 76-77 USD.
Syeikh Hafiz
Stock Market Analyst
Incoming Breakout....I HopeWhen/If this closes as a breakout, we are looking at about an $80.00 target if things play out the way TA say's it's supposed to.
