ATVI
ATVI: GOOD FOR A QUICK TRADEATVI:
I don't know where ATVI will be in 6 months but I like it now for a swing trade .
We're a bit oversold, the price is far from the 1st moving average and we have this gap, so I would expect some kind of bounce. If we don't get the bounce, it's fine, the support is quiet close, so we're not risking too much money.
My play would be a long trade from the current price with a profit target at 72.20.
Stop loss around 65.40.
Trade safe!
My Call option Watchlist of the week..!Before starting the analysis I would like to mention option trading is very risky and is not recommended for someone without experience!
For those who have experience, this list could be fun to watch or trade this week!
I usually use high-risk high-reward contracts!
These are my option trading rules!
Please read the rules and apply them to your trading..!
My Option trading rules and strategies
1- Position size: Define your risk level first
A- Small: 3% of Primary Capital
B- Regular: 5% of Primary Capital
C- Big: 8% of Primary Capital
2- Stop Loss:
A: 30% for all positions.(3%,5%,8%,*0.3= 0.9%, 1.5%, 2.4% of your trading capital)
B: Trailing Stop loss will move to Entry piece after 30% profit, for risk-free trades, moves to 20% after 50% and moves to 60% after 100%.
C: No stop loss in the system for the first 30 minutes of the market! ( order Good for Day)
3- Time Frame:
- My optimum goal is to close options trades ASAP, I do not recommend staying in any option trade for more than 72 hours.
4- Buy Naked Calls or Puts
- Buy Calls & Buy Puts options do not bring any obligation, and their risk is limited to losing the premium. I never recommend Sell calls/puts: risk unlimited, Gain limited
5-Strike price
- Only trade first In/Out of money contract. Out-of-money contracts always have higher risks.
- Expiration date
- At least 3-20 days left, But Never keep until the last day!
Closing Target
- will be calculated based on short time swings and will be updated as needed.
- Any change will be announced through notifications.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
ATVI Bearish inclined Naked Calls 29 Oct Expiry (Oct Track 1)I just realised I forgot to enter this trade. My thoughts below was written 28 Sep
Whats The Plan/Trade/Thought
Forced, Because I need to hit the 5% target
I don't have much options, this feels risky. I need to spend time coming up with proper ideas.
I feel lazy and that I need to be serious since I am doing this full time
ATVI looking at it as it is going down. There is a recent pull back but it is still bearish.
ATVI has been moving the opposite of the Index or the VXX. It was also impacted by Evergrande's drop. But only recovered slightly with the market bounced
If anything I see ATVI ranging near term
Imagine Yourself Taking The Other Side
Do I need this trade? Since you feel it is forced and that you did not put in effort
What if it rebounds up? Their last earnings was higher than the estimates
Christmas is coming, this can boast interest in the stock
Imagine Yourself As A Neutral Observer
The Other Side, also feels convinced that ATVI is bearish
The key issue feels like no prep was done and it is a forced trade. I am not being professional
Other Competitors in this space like EA have similar down trends (Feels like a sector drop)
Look For New Information
Recently ATVI has negative news on the workplace culture and discrimination
How Do I Feel Now
This is not a company that will fail entirely near term due to it's strong gaming titles that has a strong following.
This is probably the last time I can/should trade this bearish move
Trade Specs
Sold 80 CALLS @ 0.50 Strike 84
% to Strike is 8.9%
ATR % is slightly on the high side at 60%
Max Gain: est $4000
ATVI reversal inbound ATVI Reversal inbound,, everything looks bullish id like to make a nice swing here make some easy profit December calls could be a nice Christmas gift, looking for 75-80 I could see it. Profit margin is 29% highest in the industry with black Friday around the corner and the release of vanguard this is very undervalued..
Activision Blizzard (ATVI) - longCompany Profile
Activision Blizzard is a company listed in the S&P 500 index and operating in the sector of Communication service, industry of Electronic gaming and Multimedia.
Signals
Position: Long
Target Price : $77
Entry Price: $68
Stop loss: $65
Indicators
MACD shows a strong bullish momentum
DMI shows the negative trend is not strong, ADX is at 22
The stock price is outside the lower band of the Keltner channel
RSI and STOCH are at overbought threshold
Analysis
The stock has experienced a dramatic gap three candlesticks ago, caused by the announcement of a delay in the game launches of 2022, that pushed the price below the lower bound of the Keltner channel. According to the RSI (30) and Stochastic indicator(20) the stock is oversold, so from these three indices we can expect the stock price to rise and reenter the Keltner channel to get closer to the moving average. If we design the most important simple moving averages we can observe that SMA 7<SMA 20 < SMA 50<SMA 100<SMA 200, meaning the stock is on a downtrend and so we discourage to take a position trade, but instead to keep the stock until the impulse phase makes it reach the previous support that could become resistance. From the DMI we can observe how the bearish momentum is becoming weaker (D- has negative slope) and the bullish momentum could start at any time, if the market recognizes the overreaction to the delay news.
No financial advice.
$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
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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 | WEEKLY WATCHLIST 9/27This setup may take a little while to mature, but sharing now regardless. This setup is on my radar. Beautiful bullish falling wedge and bounce off the 50% retracement in wave 4. Possible this was the low, but want some time for the chart to play out and confirm more. Watching for a falling wedge breakout which would get me interested in a long swing setup.
Long term target: $100+ (mid 2022-2023)
ATVI: Quick bounce up playLots of negative news around ATVI but I believe it has been priced in.
Strong buy at the market might have trapped some bears.
Seeing this retracement to reach between $82.70-83 area.
Stop Loss at $82.80
Target at $86
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.