ATVI - Gap Up filled + HammerI. Analysis
1. Stock in an uptrend with series of hh/hl.
2. Gap up has now been closed. Value area defined as the bottom of the gap, area where a lot of buying pressure stepped in previously,
3. Bullish hammer formed at this area
Another very clean trade, uptrend giving us a long bias, value zone well defined, clean entry trigger just formed.
II. Trade
1. Enter next candle
2. SL 1 ATR below this hammer // Support area drawn
3. TP Next swing high // trail sl with new support-previous resistance
Plsd to hear yr comments.
Cheers
Ruben
ATVI trade ideas
$atvi pattern repeat could be reach higher highs. This is just my analysis of this stock it,s doing a repeat pattern meaning it'll reach a new high mid june to be expected at $80-$85 possibly higher. Leave any comments you have and update me on how yall did on this stock.
I'm doing some $71 june 19 calls and also $80 august calls.
ATVI Short PositionAnticipating a brief correction to $71 tomorrow, before another drop to pre-covid support levels. Short will trigger at $70.85.
ATVI is already overpriced, and I anticipate negative news coming out of China on Thursday during the NPS meeting, further accelerating a drop through the week.
Looking to short ATVI to the $66.50 area and re-evaluate.
ATVI Holding The world's 3rd largest video game publisher, ATVI holding up today
Keeps testing ~73.5
Up from yesterday's close, (and closed higher yesterday=strong finish)
Still trading above both the 50 Dy MA and the 200 day MA on the weekly.
Strong fundamentals
Forward P/E 28.7
up 57.10% for 1 year
up 38.21% for 6 months
up 9.59% for the last 1 month
cash flow up 11%
Outperform/BUY rating by Credit Swiss, Schwab,
Argus, C.F.R.A., Market Edge
ATVI (All Time High To-Be)Based on my analysis:
1. ATVI will make new all time high soon.
2. ATVI completed huge cup & handle pattern after breakout neckline price 64.50 USD.
3. After finished retracement at 0.382 level, I'm estimate price will shoot up to 84-85 USD, then continuing rally until 100 USD (phi ratio 1.618 & psychological number).
4. For me, this stock is really great opportunity to invest.
Syeikh Hafiz
Stock Market Analyst
Pullback to 0.618 Fib before uptrend continuation My theory is Demand Zone holds as support and we continue uptrend to 77.37. The lower time time frame confluence is showing the Demand Zone as a strong support. The pullback to 0.618 Fibonacci is expected before we continue upward trend.
Options Trade: 5/22 78c (Wait for pullback to our level before entry)
Buy ACTIVISION BLIZZARD [NASDAQ: $ATVI] | 5.7.2020 | Eric ChoeMy name is Eric Choe.
I am a professional trader with over 7 years of equities and cryptocurrency experience.
I've worked at an energy trading company, a Fortune 500 company, and one of the top management consulting firms in the world.
I left my high-paying salary as a management consultant in early 2018 for a career in investing and trading.
I've been a full-time equities trader ever since.
I give detailed analysis on TradingView.
Over the past 7 years, I've dedicated my time and effort to helping others learn about the financial markets.
All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice
ACTIVISION BLIZZARD $ATVI Short SetupAfter a parabolic ~48% run up to the upside after the dump in march, we seem to have rejected at the 75$ level, which coincidentally coincides with the 0.75 Fibonacci extension level. From the different point of contacts dating back to Septermber 2018 we can safely establish that as a strong resistance and a safe area to place a short.
I expect price to either reverse or continue to the downside at the golden pocket which is why im putting my take profit at the 0.65 extension target of 69$. I'm leaving myself a comfortable stop loss placed at the top of the candle to be safe but am pretty confident we will continue to the downside if this 4H candle closes below 75$. Cheers and goodluck!
Feel free to share your thoughts :)
Activision - to reach new highsFor those that have been following my analysis on ATVI, you'll take note of how he price passed through the highlighted zone and bounced out in the upwards direction in the area I marked a couple of weeks back. With earnings coming in tomorrow, given the fact that COVID-19 has kept people home and the kickoff of the Call of Duty World Championship, I expect an earnings beat as well as a rally this week into the $70-$75 range before another rest period.
ACTIVISION ($ATVI): Call of Earnings✨ We provide charts every day ✨
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Will Activision's upcoming earnings be as active as their player count since COVID? Or, are we missing some potential Pitfalls? Let's take a look and see if we can't predict ATVI's Destiny.
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1. Range MA is showing an uptrend (Green bar color) for ATVI on the 4 hour chart.
2. With this setup, we want to take long positions when we get a Bull signal in an uptrend (and go short when we get Bear signals in a downtrend).
3. We are currently waiting on a Bull signal, but generally see an uptrend here into earnings.
4. Assuming the uptrend continues, we will be looking for a reaction off of R1 and R2 on a move up into earnings.
5. If we get a surprise upset, or if the broader market pulls us down, we will be looking at S1 and S2 as potential support levels.
6. One possible play here is to wait for a pullback off R1 and then to long on a Bull signal (or simply continued strength). Generally, however, this chart suggests that being long into earnings is at least a sound idea based purely on the trend.