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Activision Blizzard Inc
Long

ATVI Higher?

By GravityTrades
Updated
ATVI starting to look ready to run higher again. After selling off it has now fell back to its uptrend and its 200MA which has been held multiple times in the past. Look for it to consolidate around the 200MA and then bounce higher and run into earnings.


AUG 5 Earnings will take place.

Note
This trade already bounced nicely off the trendline back towards the upside. Be sure to scale some profits out.
Note
Don't let your green trade turn red. Make sure to move stops up.
bounceupBullish PatternsChart PatternsTechnical IndicatorsTrend Analysis
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