Activision Blizzard, Inc. Look Only for SellingAs you see that the Activision Blizzard, Inc in a strong downtrend so we are looking only for sell opportunity . I think the best zone area near 55.00 zone
ATVI trade ideas
ACTIVISIONActivision seems to have made 5 waves down. Now that the earnings have been announced, it looks like a run could start, with the top of the pennant as first resistance (around 52 dollars) and the first fib as second TP (around 57 dollars).
Gap From 2017 acted as Support?$ATVI pretty crazy to see the gap from Feb 2017 was from 39.78 to 44.93.
Todays low was 39.85... Such a great coincidence!
ATVI LongATVI has dropped nearly 50% in the last 4 months and is nearing key support level. Price and RSI showing divergence.
Target 1: $52.84
Target 2: $58.63
Stop Loss: $39.93
ATVI LongActivision has already dropped nearly 50% in the last 4 months or so. It is very close to key support levels and there is a lot of divergence between the price and rsi
1st Target: $52.48
2nd Target: $58.63
Stop Loss: $39.93
ATVI Inverted H&SBought Feb 15 calls this morning, decided to keep them in spite of the market tanking. Appears to have an inverted H&S going on, I think it closes the gap on earnings next week regardless of what they announce.
If earnings suck real bad, it could close the gap from 2017 to $40 on the down side.
No guarantees on the market...
ATVI making a nice base hereLooks like a solid base is forming / has formed. Price is trying to work its way out of the choppy wedge.
blizzardHourly targets for blizzard, short at red, stoplose above sweinghigh. If break above, short at next red.
ACTIVISION BLIZZARD POSSIBLE INVERSION LONGThe prices are on the 55 monthly SMA. Long from this level with stop loss if the prices will loose the recent minimum level.
On Watch for 2/4 - 2/8$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.
An Undervalued Free Cash Flow Generator To Start Your New YearActivision Blizzard (ATVI) is, undeniably, one of the premier video game developers in the world and is a true leader in innovation in the space that has, over the long haul, created significant value for shareholders.
ATVI ended 2018 on a bad note as it was losing a key executive after what has been a difficult year for the stock.
While shares of the business today, despite seeing a huge tumble from their 52-week high, are not what investors might call cheap, for a firm with strong growth prospects and the innovative history, it could make a good entry point for long-term investors to consider buying into.
Management has continued, over the long run, to surprise shareholders and create blockbuster titles, and this trend should continue.
Activision - Support with Spring signalA review for Activision based on VSA
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
ATVI - Looking to Break Out!ATVI is one of the stocks on our short list for our aggressive options strategy as well as a potential swing trade setup. Looking for longs on a pullback and reversal with a shorter term target of 60.0. Take two may be the best in breed here, but a rising tide raises all ships, and this is a less expensive stock to trade.
This is a perfect candidate for using options to accumulate shares, by Selling Puts.
