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Atvilong

ATVI - A simple take on current price actionHi guys. This is my techical analysis on what i see on Activision. Its a personal favorite, as im a heavy gamer of COD, diablo and more. But just a reminder this is not financial advise, i am not a financial advisor. Everything portrayed here is my opinion. FYI - i tried to fit an example of MACD that i feel this current action is more closely related to so sorry ahead of time if you cant zoom in on current price action but check out the charts yourself! WE are looking at the Weekly timeframe So lets look first at price action: As you can see, we broke out of this major resistance trend line from the all time highs of Feb 2021 last week. However, we have yet to confirm whether we stay above or below. We need to pay attention to this weeks close. Currently, if we were to close here it would be a dragonfly doji candle, which wouldnt be a strong confirmation in my opinion. Since we've been going sideways for a bunch of weeks now. Dragonflies are better to trade when we've been in a clear downtrend. If it prints this, i would wait to see the close of next week for a firm confirmation. I would like to see a hammer candle. or something with a bigger body which would be confirmation for me to enter a trade. But the large lower wick is a good sign that there is tremendous buy pressure from this red trend line acting as support. So with this confirmation, this would mean a trend change from our 2 year down trend. ALso always be unbiased. If it fails to stay above the Red trend line, look to the horizontal line and or the upsloping trendline thats been support since Feb 2019. Stop loss would go 5-10% below Red trend line. NOw the indcators i got. (top to bottom) 1. Stoch RSI 2.MACD 3. RSI The STOCH RSI - has crossed bullish which favors momentum to the upside The MACD is also crossed bullish and is slowly moving up over the 0 line. If it confirms above the 0 line, momentum can pick up tremendously. If you look at previous data it leads to massive runs to the upside and when we stay above the 0 line The RSI is something im watching also. Especially its interaction with the 2 trend lines i drew. We want to get above the trendliens for added bullish momentum or increased buying demand. This would confirm a major trend change along with keeping the red trendline in price action as support. Well thats what i see. Lets watch and see whats up! This is a trade i will be taking personally. Let me know what yall are thinking. I would like another perspective! Like, comment and follow! Check out my other charts and i linked my EA analysis down below. DIsclaimer: This is not fianncial advice and i am not a fiancial advisor. This is just my opinions and for educational purpose as i am a student of the charts!
NASDAQ:ATVI
by SafofAllTrades
ATVI:Not playing around!Activision Short Term - We look to Buy at 79.10 (stop at 76.16) A bullish reverse Head and Shoulders has formed. This is positive for sentiment and the uptrend has potential to return. A weaker opening is expected to challenge bullish resolve. Previous resistance at 79.00 now becomes support. Further upside is expected although we prefer to set longs at our bespoke support levels at 79.00, resulting in improved risk/reward. Our profit targets will be 86.72 and 90.00 Resistance: 86.80 / 96.00 / 104.00 Support: 79.00 / 74.00 / 68.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:ATVILong
by VantageMarkets
How deep can hell be? (ATVI) Updates The hard times continue for the company that created Diablo (which knows about hell), which has lost 45% from the highs of February 2021. We are not that far from the bottom hit during the first wave of covid in 2020. We all know the reasons: the investigation into the sexual harassment of an employee. It is not my interest, to go into the merits, I simply report the facts in relation to trading. Nothing at an economic level, where the company has always been thriving and one of the most profitable, considering both the turnover from PC, console, and mobile gaming. In particular the mobile sector, many are not aware of, Activision-Blizzard is on the podium second only to Apple. From a fundamental point of view, therefore, this important collapse is attributable only to the internal questio n, which, let's be clear, was handled very badly by the company and which above all does not seem to have taken important positions on the fact. This behavior caused the price to fall below our September purchase price and to mediate, buying again in November at the price of $ 61.7 per share. This brought the average purchase price to $ 70.71 Right now we are on the POC of the last 2 years, which makes ATVI even more attractive, even if to make a third entry I will wait for $ 55, which literally represents the last volume node of the value area of ​​the last 2 years. To enter we are already on a very important level, we are clearly talking about an undervalued company, which is at this level for certainly important issues, but which have nothing to do with its economic performance. Obviously, the question must be resolved immediately, especially considering the relationship with investors. Reasonably, it is clearer to say that the market has already heavily discounted the problem. I close by saying that 2022 should be an important year, for the release of Diablo 4, Blizzard's historic franchise, as well as Overwatch 2. 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.
NASDAQ:ATVILong
by LazyBull5
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.
NASDAQ:ATVILong
by Dr_Chester
1