Activision
Activision Blizzard (NASDAQ: $ATVI) Heating Up As We Delve...Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Activision Publishing, Inc.; Blizzard Entertainment, Inc.; and King Digital Entertainment. It develops and distributes content and services on video game consoles, personal computers, and mobile devices, including subscription, full-game, and in-game sales, as well as by licensing software to third-party or related-party companies that distribute Activision and Blizzard products. The company also maintains a proprietary online gaming service, Battle.net that facilitates digital distribution of content, online social connectivity, and the creation of user-generated content. In addition, it operates esports leagues and offer digital advertising content; and provides warehousing, logistics, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company's key product franchises include Call of Duty, World of Warcraft, Diablo, Hearthstone, Overwatch, and Candy Crush. It serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, and game specialty stores through third-party distribution and licensing arrangements. Activision Blizzard, Inc. is headquartered in Santa Monica, California.
ATVI - Does history repeat itself?
Long-term diagonal trend line Support is about to get tested for the 10th time, bounced every time.
Price approaching a FIB confluence level of 0.786 (a retracement of the last leg up) that started FEB 2019,
Momentum divergence on RSI and cross over on MACD,
Ichimoku cloud on the monthly chart shows price bounce from the cloud, will it repeat this time?
Potential 2 equal legs to be completed when price tests the 0.786 FIB retracement.
Potential trades:
Sell puts, preferably under $49 as it is the double bottom neckline (created March-April 2019) that might be tested.
Buy calls - wait for Price action to confirm
Buy CFD's or stock - wait for price action to confirm
$ATVI | WEEKLY WATCHLIST 11/1Beautiful chart, terrible timing. Activision reports earnings on November 2nd, therefore I will wait until after to consider a position. With that aside, the chart looks amazing. Headed into a possible wave 3 with target at $87 as long as $76.25 holds.
Might be worth an earnings lotto if you're into that.
Activision - Blizzard (ATVI) UpdatesActivision - Blizzard Update
After entering $ 78 in September, the price dropped almost to my second limit order at $ 71, and then began what could be a bullish phase.
The price bounces right on the POC of the last 18 months and then shows strength on Thursday.
The Earnings next week could give the definitive answer and in practice, I will cancel the limit order because if there will be a negative situation, the price could also fall below $ 70.
At least I'm waiting, because in case of a major retracement, the next levels to accumulate are $ 66 and $ 60.
If there are interesting Earnings, the targets are:
- $ 85 (short term target)
- 90 $ (important volumetric resistance.
- $ 100 (volumetric node close to the all-time high where the price could retrace or lateralize creating an accumulation situation)
Happy trading
Lazy Bull
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ATVI: Long (Head & shoulders + support)Activision Blizzard is once again at the channel resistance. Additionally, there is an inverted head and shoulders.
We can expect a retest of the Neck line at the point of its intersection with the support line (about $ 75).
According to the indicators, we have a bullish background.
I put the stop loss level at $ 69.8 (-11.5%) - slightly below the round number and 3% below the previous local minimum.
Take Profit was set at $ 97.7 (+ 23.85%) below the horizontal resistance and below the circular number (100).
The entry into the position will be increased by the pyramiding method.
$ATVI | WEEKLY WATCHLIST 10/25One of my favorite swing setups this week. Activision formed a large falling wedge on this most recent pullback from all time highs. Since then, we have broken out and moved slightly higher but I don't think we're anywhere close to being done yet.
Here is my trading plan. I am interested in taking the suggested calls above $81 with volume; ideally seeing a daily close above this key level. Risk/reward is nice with a 5:1 ratio.
ATVI, Can we expect a short-term bullish impulse? Today we will take a look at ATVI:
a) Since February 2021, the price has been on a correction or a bearish trend (depending on how you want to see it), dropping 30%.
b) The price has bounced on a support level, where we can be open to the idea of a new short-term bullish movement. IF the following items happen as expected (70.00 / 72.00)
c) Another important detail is the corrective pattern on the edge of the broken descending trendline
d) Alright, our bullish thesis goes like this: IF the price reaches the green horizontal line, we will consider it confirmation for the bullish movement towards the first target at 87.50. Eventually, we may see a second target at the descending trendline of 91.90 / It's important to be open to possible retracements or reversions.
e) Our invalidation levels are below the corrective structure (yellow lines) either if the price reaches our activation line first or if the price keeps falling from where it is right now.
f) The expected duration for a movement like this goes between 45 to 60 days.
Thanks for reading, don't hesitate to ask any questions in the comments or share your view about this stock.
$ATVI WeeklyATVI weekly presenting an idea for a swing trade. Appears to be a reversal here at good support and going into holiday bullish seasonality.
Look for at least a move up to $84 and if that line of supply and resistance breaks, volume pocket - $90 comes quick.
Stop loss $72 with a move up to $84 good R/R idea for this swing IMO
$ATVI at supportActivision weekly candle looks like a bullish hammer indicating a reversal in the coming weeks to the upside. The intermediate trend is still up (dashed line) and the option flow was on the bullish side ($2.7M in premiums last week vs $530K on the put side). RSI indicating oversold.
I like the OCT or NOV 85 call as an idea to trade the reversal, or 65P if you're bearish and trade the break below volume pocket.
$ATVI Long set up$ATVI has retraced 25% off it's ATH due bad earnings but still holding strong and formed a higher low here at previous S/D area. Weekly candle closed bullish and could keep running higher if we break past $83. I like entry here with stop under $80. Aiming for $92 and $100 as targets.
WARZONE - Activision Blizzard keeps rising 🎮🖱️Might be the fact that I also spend some money for my gaming, or that it is my son's favorite stock.
or whatever reason, this stock is a keep and a buy.
Fancy a game of Call Of Duty Warzone?
add me here: KaraGUN1s#2867
Bring it ON gamers.
ps. I am 44 but I do play a few times a week with my friends on Discord.. I am the youngest one in that group
Activision showing strength for a swing trade towards Earnings$ATVI BULLISH
. prices is above the POC (point of control) in tis Volume profile
. BUY signals flashed on the CJ Stock Indicator
, modified golden-cross
. if it reaches .500 FIBO retracement and stays above it, has the potential for breakout.
. watching for relative volume to increase in it's Feb 4th earnings runup
Happy Trading, from CJ -- aka the greatest FURU.
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