Looking to snap out of tightening triangleAlerts set to buy $64.50 through $65. Stop low of day on breakout. $ATVI $QQQ
ATVI trade ideas
$ATVI trigger spotI would be buying at $61.35, then expect a slow grind higher, why you ask $61.35?, b/c I believe its gonna fill the gap.
Short AVIwww.tradingview.com
I have highlighted possible targets down using blue lines. While I am unsure if it will go down as much as $16, I have marked those windows that need to be closed.
ATVI updated long opportunitybuy point ~ $61
target ~ $66.7
stop loss ~ $59.7
potential gain of approximately 9%
potential loss of approximately 2%
slightly better than 4:1 risk reward ratio
catalysts for this stock in the upcoming months:
+their overwatch league will be launching soon
+their new call of duty game will release ahead of the holiday season
ATVI Daily Gartley pattern ATVI has a daily gartley pattern after news about the downgrade on concern of Overwatch Esports.
It gave a daily hammer while it's not quite close to the gartley entry, so I'd rather to wait a better reversal sign @ 59.50-60.50.
57.50 out could be good enough, let's see how it goes!
ATVI - rebound levelATVI - 61 USD is good price level on ATVI for possible rebound. BUY with stoploss on 59,3 USD. Fundament looks impresive, Blizzcon is coming, OWL is coming.... Money will come as well
ATVI potential long opportunitysimilar occurrence of events:
past event: 1. all time high reached
2. support level tested twice
3. the successful test turned out to be a nice buy point
potential future event: 1. all time high reached
2. support level tested twice
3. may be a good buy point if it successfully tests a third time
buy point can be both for a short term gain, or a buy and hold, depending on your perspective on this company's future potential. take this with a grain of salt.
things to look into if interested in this company's longer-term prospects: esports, overwatch league, call of duty ww2
E-SPORT is the future...E-SPORT is the future. The price of ATVI is increasing in wave motion. Currently the exchange rate correction range is moving. I do not expect more correction than USD 58. Then a definite, but slower slope is more likely to reach nearly 74 usd levels. But at present, it can not be excluded that it will move from the US $ level 63 to USD 74.
ATVI, Great relative strength inside day !I'm a big fan of HearthStone and Warcraft III was my favorite game back to my senior high.
That's not really important in terms of investment and trading, while it does create some preference bias for me lol.
Yesterday the market was slumped almost 1%, stocks that are able to have an inside day showed great relative strength, as most stocks may break the previous low in such a day.
For ATVI, it finished price correction to 8EMA and gives an inside day, I am willing to long the inside day breakout in such an uptrend.
ATVI long, buying on supportThe short downwards trend it's in will end around the 14th of august at 59.5. Placing orders on 59.5 and 60.5 (in case we don't reach 59.5, also if it does climb back up to 60.5 that's a good sign)
SL at 58.8, that seems to be the support
ATVI Short using CUE Box Setup.ATVI displayed Bearish Headwind in both Weekly and Daily charts.
As of 8th Aug EOD, it has broken below Daily Memory Support Level.
There is a valid Box Short Setup using the CUE Unambiguous checklists.
On top of that, the Industry that ATVI belongs to seems to at a turning point as seen from CUE Edge Visual Industry Analyst.
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LONG ATVI Bull Flag Breakout to $76Most of my ideas are in the chart, but it looks like with a solid earnings beat and a bull flag breakout on the chart, this ticket might be a solid winner for the next month or so.
The leg up into the bull flag was a 25% gain, so if this bull flag plays out all the way from the $61.30 breakout then we could see $76 which oddly enough is the same price target as Needham, Credit Suisse, & UBS 0.40% .
$ATVI *Awaiting Earnings next week, new games releasing When taking a look at the video game giants of the market $ATVI has to come to mind. With EA games stock climbing steadily over the $100 dollar mark, ATVI has alot of steam to pick up here in the up and coming future. Around Christmas time we will see 2 new giant games that should sky rocket ATVI, Call of duty ww2 and Destiny 2 both receiving a lot of hype in the industry and will be release later in the year. However the company has spent a lot on developing the games and with the 2nd Quarter earnings coming out next week i am uncertain what the outcome will be. However "Over-watch" Blizzards premiere game at the moment is doing extremely well and becoming undeniably more popular and allowing the company to maintain growth while awaiting releases of the two games. My predication's are the company will beat earnings next week but not by a landslide... $ATVI seems like a great long investments investors are looking at stocking up before the eventful end of the year releases.
Resistance reached trice, no breakout.Now it's a make it or break it, but until the earnings I would not go long.
Long set upSetting up for a flat top breakout of the resistance line. Had a nice pop today and look for it to continue if it can bust through resistance.
