Get started

ATVI

THE WEEK AHEAD: US MID-TERMS; SQ, MRO, ROKU, ATVI, HTZ, YELPUnless you've been living under a rock, you'll know that Tuesday is the U.S.'s mid-term elections. Polls will be open throughout the New York session and won't close until we're well into the Asian with polls closing on the East Coast first and then gradually progressing west through time zones. Actual results aren't likely to be known until at least 9 p.m. or so CST, so if you're going to play, you're potentially in for a long night. The only instrument probably worth looking at from a liquidity/volume standpoint for scalping around the time of election results is the E-mini S&P futures (or a corresponding proxy) and/or futures options, which is why I've posted a marked-up /ES chart here, which identifies fairly transparent, large time-frame horizontal support/resistance areas, so that when you drill down into lower time frames, you'll have those for context. Naturally, this is not as big of a deal as the general elections (if you recall, a really wild ride that was basically over by NY open), but may present some good scalping opportunities. On Tuesday night after NY close, I'll drill down a little more in time and mark up the chart a little further ... . Aside from the elections, we've got some earnings on tap, too: OXY (96/34) and MYL (89/48) announce earnings on Monday after market close; LLY (82/29) and CVS (70/35) on Tuesday before market open; SQ (83/73), MRO (72/51), and ROKU (69/96) on Wednesday after market close; ATVI (85/46), DIS (73/26), HTZ (89/96), and YELP (83/72) on Thursday after market close. My preference in single name is for underlyings with a rank >70 and a 30-day >50, so I would lean toward playing SQ, MRO, ROKU, ATVI, HTZ, and/or YELP as volatility contraction plays. This is particularly nice here, since those all occur after the elections, which will allow the broader market to sort itself out first. On the exchange-traded fund front: USO (100/32), XOP (70/37), EEM (73/26), IWM (65/24), and QQQ (62/26) round out the top implied volatility rank exchange-traded funds on my list. Since I'm already in most of the exchange-traded funds (although I don't have any RUT on): CAT (78/36) already announced earnings, but still has some volatility left in it, as does NFLX (69/53), so I could see selling in a little premium in those if the post-election market just gives me nothing better to do ... .
CME_MINI:ES1!
by NaughtyPines
The Gaming Trade - Video Game and Esports Stocks - September 2.0The Gaming Trade The gaming trade tracks gaming & esports stocks. With a combination of technical and fundamental analysis I attempt to provide the best ways to profit off of these companies in the stock market. My style is a blend of classical charting, candlestick reading, trend trading and a bit of price action. My decisions are based on how the daily, weekly & monthly charts display the current status of the stock. I will do my best to provide insight on profit taking points and breakouts on my Twitter account: @TheBegonis - I use no leverage in this tracking account. 9/16/18 AMD: Current Price: $32.72 ( first article in September $25.17) Earlier this month I wrote about AMD and noted the Bull Flag on the 4 hour that could take the stock to $30 -- Well it hit it. After a couple days of profit taking, the stock keeps on rolling. The Monthly and Weekly charts show no sign of slowing down either. We are in a little bit of chop on the daily but unless price closes below $25.61 on the weekly this could continue to climb. Daily: Weekly: Monthly: ATVI: Price $81.27 ( First article in September: $72.10) Well... Last time I said we were in for some chop, until price closed "above$75.53 on the weekly and the Monthly closes above$75.40." DID WE. Price shot up 11% since then. Price met the previous green candle high around $74 and volume pushed the stock bullish again. Right now price seems to be rounding over on the daily as it hits the previous high around $81.50. Price could pull back a bit on the daily as it loads up for another attempt at the top of the channel. The weekly Stochastic RSI signals that momentum is on the side. Take profits should we reach the top of the channel around $85. Daily: Weekly: Monthly: EA: Price $114.27 (First article in September: $113.41) Electronic Arts still looks to be in trouble. So far it seems that a descending wedge is forming on the Weekly and that means prices will continue to fall before any turn up. In the short term we may have a pop to the $118 area seen on the daily to confirm the resistance line of the wedge. But a move down is likely to follow. We may not find true support until the $92 area seen on the Weekly where a lower trend line can be theorized and the Weekly 200SMA (and Monthly 50SMA) would meet. If Price closes below $106.23 on the Monthly, EA will be trending down. Daily: Weekly: Monthly: HEAR: Price $18.91 Turtle Beach went on a tear this year starting in May (No doubt to the rise of steaming, esports and the explosion of Fortnite). Right now, the run is out of gas. Price is channeling down but we might see a short term bounce as we are at the support of the channel and testing the top of the ignition candle. Look for a possible short term bounce to the $22 area, but this would be a counter-trend move, so if you do, trade careful. If Price closes below $16.53 we will continue going down. Daily: Weekly: Monthly: MSFT: Price $113.37 Microsoft continues to chug along. Despite some chop of the daily chart it is at an all-time high. The chop should continue on the daily but this looks like it will continue rolling. Daily: Weekly: Monthly: NVDA: Price $276.43 Nvidia is very choppy on the weekly and daily charts but is otherwise slowly and surely trending up. Price would have to breach $239.63 before I would show any real concern for the stock. HOWEVER, price does seem to be leveling off based on the weekly, so upside may be limited. Daily: Weekly: Monthly: SNE: Price $59.44 Like so many stocks I am seeing in the market, Sony is starting to show signs of going parabolic. In other words, price may continue to rise and it may rise fast. Price gapped up and is testing a high we haven't seen since 2007. It is a bit of a ways to go before reaching the highs of '99/2000 but the next area we could see is the $84-85 area -- All three major charts are bullish. Daily: Weekly: Monthly: TCEHY: $Price 41.35 (First article in September Price $43.14) I love Tencent but this is just painful. Price continues to try to break down from the descending channel. (Daily) That $36 area I mentioned last time could still be support but I think this is going to be slog down to the $30 area where the Weekly 200SMA is trending. Daily: Weekly: Monthly: TTWO: Price $134.11 TakeTwo continues to operate within the rising channel and price is chopping on the daily. At the moment there isn't a good entry and no reason to exit. Daily: Weekly: Monthly: UBI: Price $95.68 Ubisoft is in a bit of a precarious position. Price is flat. The Daily and Weekly are trading sideways with a slight downtrend. Price fought back bullish last week on the Weekly. It needs to confirm by closing past the next two targets of $97.02 & $99.52 to really resume a bullish move. Price is stagnant at the top of the monthly but it would only be in danger if it closed below $79.60. Daily: Weekly: Monthly: ZNGA: Price $4.02 (First article in September Price $4.16) This looks like it should be covered by Ted Allen on Chopped. Two weeks ago it sabotaged all the momentum it was gaining and went choppy. Price seems to be turning back upwards but it needs to clear $4.23 on the weekly if it is going to re-gain that momentum. It doe seem that it will hit that $4.55 PT... eventually. Daily: Weekly: Monthly: Thank you!
ZLong
by JDB667
The Gaming Trade - Video Game and Esports Stocks - September 1.0The Gaming Trade The gaming trade tracks gaming & esports stocks. With a combination of technical and fundamental analysis I attempt to provide the best ways to profit off of these companies in the stock market. My style is a blend of classical charting, candlestick reading, trend trading and a bit of price action. My decisions are based on how the daily, weekly & monthly charts display the current status of the stock. I will do my best to provide insight on profit taking points and breakouts on my Twitter account: @TheBegonis - I use no leverage in this tracking account. (Note this was created on 9/4/18) I will be publishing this bi-monthly. One short-form chart update and one long-form newsletter with chart updates. AMD: Price $25.17 This has been on fire! After completing an 11-year cup & handle it looks like it will need to cool down a bit -- especially because of the HUGE shooting star on the weekly chart. Look to buy the upcoming pull back and consolidation. This will be rolling once again soon enough. Based on the daily chart - look for a potential pull back to the 50SMA around $21.50 - however price is holding above the 9DEMA (not pictured). If you want to play the potential Bull Flag on the Daily - set a tight stop Just below $24 with a price target around $30 ATVI: Price $72.10 Activision-Blizzard has been in a rising channel since October '16. The stock peaked at the upper resistance line of $81.60 and pulled back to the lower support line. The stock will be in for some choppy trading for a while until the Weekly closes above$75.53 and the Monthly closes above$75.40 EA: Price $113.41 Electronic Arts is showing big weakness at the moment. The huge red candle on the monthly chart is resting on the SMA. This has been in a rising channel since November 2015 and is the first major break in either direction from it. If this doesn't bounce back the next area of support will be $105. Be careful, this has a falling knife quality to it at the moment. TCEHY: Price $43.14 Tencent is trending south right now. It is currently resting on the SMA of the monthly chart. After a huge hammer back the week of August 13th - price continued to fall and broke below the close of that hammer just two weeks later. Price needs to close back above $49.50-$50 area to change the current down trend. At the moment, a possible area of support could be found in the $36 area. ZNGA: Price $4.16 Zynga has been slowly moving within a rising channel since February of 2017. Price decisively closed above $3.99 on the weekly locking in the upward trend. It is probably too late to enter a trade as the target is $4.55. This is a stock worth following for the long term - I find the price movements to be reliable - for the time being. I'll try to do better the next time. Thank you & safe trading!
NASDAQ:EALong
by JDB667
Activision - Bullish on the minor time frameWhy I went long on Calls * Company has been beat up for the last month which is important for me to see before playing reversals * Supports has been breached; the most notable ones include the BB basis line and 50EMA - these supports cracked with little fight involved * Price is now currently sitting on top of the ascending trend line which shares confluence with the 200DMA - the most powerful support MA * Price has tapped outside of the lower BB twice in the past week (requirement before I play reversals as the best probabilities come under extreme conditions) This trade offers the elements that I need before taking a trade * Risk is defined; a D2 close below the 200DMA will invalidate the setup for me and spell future trouble for the stock ... this is about 69.35 * Since I am going long on calls, I require three things: 1) price must be tapping outside of the lower bands, 2) RSI must be in oversold conditions and 3) a daily doji to form with higher lows from the previous day and next day * All of those requirements are met except I'd prefer to see a daily RSI even lower but low 30's will suffice. The daily doji that I am referring to is from 8/8 - note the higher lows formed by the wicks on the day before and the day after. This provides additional conviction that supply is exhausted hence why I am going long on calls. I chose to trade the Oct 21 70C's - I entered this on Friday Aug 10 when the underlying share price was about 70.72
NASDAQ:ATVILong
by pwrdbyJUNO
SPY clean bounce Welcome traders!! Continuing from the break of yesterday's resistance at the 264.74 area, we can see in the 30 min chart that we've now had a clean bounce off of that same level meaning we should expect to continue seeing upward movement hopefully breaking through the upper descending triangle. On our 4 hour chart the MACD looks to be going for a bullish crossover which is looking good and some are starting to show, like BBY & AAPL, but keep in mind we still have yet to test that resistance level up top. This is an analysis of what "I" see in these charts, so take it as you wish, as always good luck and safe trading!
AMEX:SPY
by therealhybrid
Blizzard(ATVI) Inside day breakout after HCT World ChampionAs I mentioned from my previous posts, I am not only a trader but also a big fan of Hearthstone. Tom60229 from Taiwan won 3 games in a row after facing 0:2 situation and won the title. It reminds me of looking for ATVI trading opportunities, and I got a inside day breakout yesterday. The momentum was not special at all in a intraday trading point of view, while still it was a inside day after all time high breakout, so I'm still willing to find intraday long opportunities! -- You guess it right , it's six o two two nine!!!!!!!!
NASDAQ:ATVILong
by Trader_Joe_Lee