ATVI BullishATVI is being rated a "strong buy" on tradingview. It broke above it's trend line with great volume.
ATVI trade ideas
Short ATVI Risk:Reward Ratio = 3Good risk reward for a short attempt. Shorts are less likely to work in this crazy bullish market but the risk/reward is worth it.
$ATVI | Activision Blizzard Bull Flag on Daily Timeframe Price is close to breaking out of a large bull flag on the daily chart .
Upside Targets: $81, $83, $85
$ATVI - watch to break downtrendwatching this closely for down trend break
Technicals look good. Hope the trend begins to agree with me
$ATVI Trendline Breakout SetupA very well defined trendline trade setup. Daily close above it could signal the end of the a multi month pullback and start of a new trend up.
Activision On The Move?With the stay at home orders still in place and many spending majority of their time at home, video games are seeing a surge in player activity. Activision seems to be moving and "potentially" formed a Cup & Handle pattern. Would like to see a confirmed break above the $80 resistance on the daily chart, then a weekly close above $85.
Activision ClimbingActivision recently ended a downtrend and hit the 3rd level of our Bollinger bank giving us a buy signal.
Then has hit a higher high and is trending above the moving average.
Should continue to trend.
Short term target in the next few weeks shown on the chart.
Let's do this :)
$ATVI to $89Get on the gaming train for short term gains.
This coincides with other predictions in the same sector and popular conversations with the pros.
ATVILook at ATVI...it has divergence taking place and is primed for a breakout to the up side....I am not in it directly but through a gaming ETF called GAMR....I will be watching it
ATVI - November 21, 2020ATVI has a 390 million monthly active userbase and recently launched Call of Duty BlackOps Cold war. The company is forecasting a strong Q4 with a $2.7B revenue holiday quarter, up from $1.7B last quarter. This is because new consoles have been released and PC gaming continues to grow. It is also likely that the new Call of Duty game is gifted over the holiday season. It has come down here nicely over the past month, looking for a bottoming pattern to form.
LONG ATVI16/11/2020
TF: 1D
dragonfly candlestick. bullish signal
golden cross happen. Stoch: blue above red
TF: 1H
inverted hammer candlestick. bullish signal
blue and red about to kiss.
ATVI - inside daily candle - 11/13/2020set you alerts at Friday's high/low. if it breaks with volume , expect it to continue on the my targets on that side of the break.
#ATVI $ATVI
Bullish Gartley PatternOnly valid at or over long entry level (LE)
Possible T2 101.2 to 108
Possible stop below 74
The Gartley pattern, one of the most traded harmonic patterns, is a retracement and continuation pattern that occurs when a trend temporarily reverses direction before continuing on its original course.
It gives you a low-risk opportunity to enter the market where the pattern completes and the trend resumes.
Just an observation
ATVI Potential Cup & HandleChart: ATVI seems to have been developing a very wide Cup & Handle formation since its late 2019 crash. The March Coronavirus-induced crash may have negated the trend, but overall it still seems to hold. September highs to today have set up a nice handle formation. Any breakout above $84 (very likely post Election) could confirm this thesis and set the stock on a strong bull run.
Business: The stay-at-home benefits are still to be priced into the business. Recent success with new launches are yet to be accounted for. If the delay in releasing the new gamma is resolved earlier than its February earnings, I see this business going into 2021 as a true leader.
What are your thoughts? Thanks
$Atvi #Atvi Inside Daily Candle BreakoutInside Candle breakout on the daily candles. Target of $79.20. If Atvi closes today under $76.26 I would close the trade, I entered today on the inside candle breakout on the hourly chart, but needs to stay above $76.26 on the daily candle close to not be a failure. If you want to play it safe, enter a the close of the daily candle if its closing outside the high of yesterday's candle.
Not financial advice, merely my punting opinion
