$ATVI Long set up$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 $100 as targets.
ATVI
Long | ATVI | Nice set-upNASDAQ:ATVI
Possible Scenario: LONG
Evidence: Stochastic oversold area, rejection by high volume by MA200, Price Action
TP1:94$
TP2: 96$
TP3: 98$
Earning day is close, and I expect a huge uptrend price action.
Call options, strike 92.5$, 17 Sep 2021
*This is my idea and could be wrong 100%,
ATVI Blizzard looking strong through the last half of the year. With the christmas season coming naturally gaming tends to pickup even more and should expect the numbers to show in Blizzard. WOW isnt there only game and they have had a talent for making money in this sector for a long time. I used the algo key code on this. and Also marked where Absorption was attempted to be made. Most likely should start pumping at this point.
by iCantw84it
07.20.2021
ATVI looks interesting! 👀This stock has been crushed recently, but there’s a good chance it’ll do something interesting now, that is near a support level, and it is apparently oversold.
We have a congestion in the 30min, and some breakpoints ATVI must break, like the 92.08 and the 92.74. If ATVI breaks these points, we might see it bouncing to the 94s again.
The 91.50s seems to be a support for ATVI, but if it loses the 90.88, then is can just keep dropping to the 88 and close the gap.
The RSI is oversold, but this is not a buy yet, and we must wait for more confirmation. The problem is that ATVI is not reacting quickly like it did last time it hit the 87s, when the RSI was around the same level it was today, and this is something that can ruin our thesis.
Anyway, ATVI is interesting at 92 and 88, so, we should keep an eye on it!
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Melissa.
Beautiful Chart on ATVI lets breaks it downThe main aspect we can see on this chart is a huge Cup and Handle Pattern. The idea of this movement is a round bottom. The price reaching the previous ATH and finally making a Corrective movement there (ABC pattern) or the handle.
The target of the cup and handle pattern is the distance from the bottom to the previous ATH.
Currently, we are observing a new Corrective pattern (ABC) inside the ascending channel and aligned with the target of the cup and handle.
The arrows and the green and red lines we are using are the levels to say, "The analysis is active, or the analysis is invalid" We think it will be pretty intuitive for everybody to understand the meaning of them...
Final Conclusion: We think there is a new accumulation process right now, and if the price reaches the green line, we can have a continuation movement towards the end of the green arrow. The expected distance of the whole bullish movement is between 125.00 and 128.00
Have a great trading week and remember: PROTECT YOUR CAPITAL!
Activision Blizzard earningsNASDAQ:ATVI is one to watch tomorrow on earnings.
It is at a 50% level now at the close prior... but does not fit my TA rules for a long based on Ichimoku timing. Also, earnings can destroy even the best of setups. People played (and bought) a lot of video games last year but will that continue?
Blizzard Activision Blizzard is an American developer and publisher of games for PCs, consoles, and smartphones. One of the most attractive companies in the gaming industry at the moment.
They own many strong gaming franchises like Overwatch, Diablo, Call of Duty, World of Warcraft, Candy Crush, and others. The last three franchises mentioned exceeded the $1 billion profit in 2020. Who played these games? Write in the comments!
Also, the company plans to release games on smartphones across all its franchises. Mobile gaming is a fast-growing business at Activision. The Call of Duty audience of 40 million had exploded to 100 million in a year. It thanks to the successful launch of the mobile version. By the way, the game has recently launched in China. The upcoming releases are expected to include Overwatch 2 in 2022 and Diablo 4 in 2023.
Technically, it formed a gap, which we expect to fill shortly.
Activision has good prospects because of the ongoing pandemic, future releases, and the company's good current performance.
Best regards EXCAVO
ATVI - Buyable gap-up (Etoro Portfolio)Buyable Gap-up raised by William J. O'Neil in "Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market".
First it has a uptrend from MA30 (right chart - weekly chart), price started form in consolidation (left chart - daily chart).
Typical Stan Weinstein's Stage 2 forming. Price breakout from base and gap up on 5th Feb, volume was 17.048M which is approx. 2.6x of Moving Average 50 volume.
After 2 days candlestick has not retraced, I have a position @ATVI.
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ATVI road to $100 first stop $92.93ATVI broke the monthly trendline since IPO ($88.55). I would ove one last tap to $88.55 before I start to scale in. It should have an er run up as well. Pennant looks nice. either wait for a tap at $88.55 or scale in once it breaks above $90.82 NASDAQ:ATVI
^ Monthly and Weekly chart posted.