Activision/ Blizzard Quick PullFrom a fundamental perspective Activision/Blizzard "Atvi" is one of the leaders in the gaming marketplace. With a new Call of Duty released recently along with the holiday season ramping up, sales should look strong for Activision. Being the maker of Call of Duty, Hearthstone, Dota, Starcraft, World of Warcraft , just to name some mainstream games , a large amount of users play these games frequently. From a technical approach we can see that volume is running low on the oversold days similar to right now. Currently "atvi" is running low compared to its ema , along with the fact that the daily rsi is near oversold levels as well. I expect a small pull to around $75 levels before taking profits and potentially closing my position out right.
ATVI trade ideas
ATVI 1New COD, hearthstone still racking in the $$$, oversold, beaten down by recent correction. Looking for a nice entry going to average in over the next week hopefully. Earnings reporting on Nov 9th, could hold through earnings will depend on price action before hand. Staying cautious no position yet. Also scared with my multiple long positions, might as well just buy QQQ calls.
10/11/2018 - Self Improvement - ATVII've been trading for 5 months. I am by no means an expert so please don't solely go off my advice or my actions. I have been keeping a log for quite some time on Tradingview but i have just now decided to go public. If you can help me at all and have any thoughts on my stock actions please feel free to leave comments. [/b
SPY has took a massive drop and ATVI was a stock that got affected by it. It has it its trend resistance and now it is hitting the trend support. I am going to try to scalp atvi for a 5 point trade up to the 79.50 resistance and then watch closely on if it bounces on the resistance for an ascending triangle or if it pops over it and takes a squeeze.
Blizzard strong buyFundamentals
81.57. O.42% DIVIDEND
Based in Santa Monica, CA
Full time employees: 9,625
Develops and distributes content and services on video game consoles, personal computers and mobile devices. Operates through 3 segments: Activision Publishing, Blizzard Entertainment and King Digital Entertainment. Its products include various genres: first person shooter, action/adventure, role playing, strategy and others.
STOXLINE rates it at a STRONG BUY with 4 Green Stars. Predicts stock will be 96.31 in 6 months.
EPS: 2.210
P/E: 36.91
P/E Growth ratio: 0.01
Technicals
ATVI is in a strong bull phase. It has broken new highs, but is pressing against the upper bound of the Kovach Reversals Indicator (KRI), which indicates that it may face a retracement soon. The Kovach Momentum Indicators are very strong, which again suggests we may face a retracement soon.
$ATVI | Ready For a Pullback | But How Deep?Hello Traders,
My model has produced a sell signal for ATVI. This is a counter trend move so adding probability to these targets is quite difficult. However, TG 1-3 remain high probability targets. As the TG number increases the probability of it being hit decreases, while the probability of it causing a reversal increases.
ATVI 0.618 and demand zone combination long opportunityI kinda like the new version of Hearthstone, a very balanced meta.
That's when a game fan like me would turn to the company's stock to look for buying opportunity lol.
Here we got the 0.618 of this little rally and the demand zone combination long opportunity.
I'll be willing to long around 71.00-71.50 spot.
Let's see how it goes !!
$ATVI remains bullish; gaming stock to run into Q4Gaming stock remain on fire, despite the pullbacks and downgrades due to $EA delaying their game release.
Now that gaming stocks had a chance to reset - they still remain very bullish with significant upside going into the holiday seasons AND more games coming.
Speaking of games... I flew out to LA for the Call of Duty 4 release and it was the most incredible experience!!!
My son and I also just finished up playing our beta for 3-days on PS4.
$ATVI is a major buy above the $71.60 area.
$ATVI - Activision - Another potential shortAfter my analysis of $TTWO I checked out other stocks in this sector.
ATVI is looking like another potential short. Outside day from the top Bollinger band. Price is also in a downtrend with rejection also from the Fib .500
Entry on break of todays low
SL at 76
TP1 at 71
TP2 68
9/2/2018 - Self Improvement - ATVII've been trading for 5 months. I am by no means an expert so please don't solely go off my advice or my actions. I have been keeping a log for quite some time on Tradingview but i have just now decided to go public. If you can help me at all and have any thoughts on my stock actions please feel free to leave comments.
ATVI is at the bottom of a support line right now and nearing the 200 day MA. At each touch of the MA it has bounced back up significantly. It is also nearing a resistance line on a inclining trend. Soon I am predicting we will have a big spike in ATVI. Right now i am going to try and ride the bounce off the support/200MA. If i have good volume and correct price movement i plan to buy in soon on Monday and add to the inclining rise if my pick is correct.
ATVI waiting for reversalATVI is nicely oversold in my opinion and a great long term hold. I'm looking to start a position again once I see confirmation of a reversal, looking for a double bottom or strong cross of the 200dma. It's had some weak volume, I would like to see 3+ days of gains that hold then I will consider an entry. Will update.