A hard long for ATVI since there are many resistance aheadThere are some resistance at 38.25 / 38.60 / 39.60, once the price can crossover these priceses, it may go up to at least 41.44, where next resistance locates.
ATVI trade ideas
ATVI - Activision Blizzard - The Trend is your friendWith the support at around 35 USD, ATVI looks really well for new highs in 2017. Next resistent is at 41 USD. But also this should be possible to make now highs.
ATVI - 2017 Activision aiming long againATVI - Looking to go long above $38 to complete a three drive pattern during 2017 with $50 maximum target, if completed could be a very nice short too.
A Long term upward starting point NOW!
From wave theory, ATVI may end its (4) down wave or (4) a down wave from a macroscopic view.
The price now seems to be charming and a long upward can be expected if the price doesn't crossunder the supportive line.
ATVI ready to continue the uptrend?I think it's worth buying ATVI at current levels. The stock is trading close to the uptrend, has recently closed a gap-up left open since May 5th 2016. I entered today at $35.94. Stop Loss set at $35.09 (below Friday's low) and First Target at $36.96
ATVI Long?Hello,
Today we're looking at $ATVI and we'll discuss some thoughts on where it could be going in the next few days. About 9 months ago, on 3/09, $ATVI was trading at $30.07. Fast forward to October and the stock was at $45.55. If you managed to catch that, then kudos to you. If not, then fret not because there might still be some opportunity. I used a retracement from these days mentioned above and found that the stock broke through the 61.8% retracement at the beginning of this month, teetered there for a couple days, and today closed above that line at $36.70. For those that aren't too familiar with retracements, the theory is that this specific line, the 61.8% line, is the last line of defense when determining if a stock's upward trend will continue. The theory goes, if the stock hits the line and bounces up to create new higher lows, then the trend will continue moving. If the stock falls below the line and creates lower highs then the trend is over and a downward trend can be begin. There is a lot of theory behind it but basically retracements are "pullbacks" where traders take profits. Today, the stock created a higher low since hitting the line on 12/01.
However, if you look left, you'll see that on 11/23, the stock came very close to hitting the 61.8% line before bouncing back only to fall through again a couple days later. Interesting right? If you look at the 31 SMA and 15 EMA, the trend is aiming to be a downward trend as well since the SMA crossed over the EMA.
Yet, there is still hope. $ATVI's RSI is showing the stock as nearly 'Oversold' and the MACD is well below 0 with a slight upward curve. Could the stock be getting ready for some green bars in our near future and if so, how long might they last? Well, I can't give you a clear answer but I can tell you that i'll be in at $36.95 with a stop loss slightly beneath the 61.8% line.
Best Wishes
Long OpportunityNASDAQ:ATVI has made a doji at its support level. I think it is a good opportunity for a long to target of $39, but I will not enter until it makes a higher high and a higher low on the hourly chart.
ATVI LOOKS STONGATVI just broke a strong support/resistance and looks like a good bet to make it back up to $44 in the near future. I would play for a swing trade by buying calls just out of the money
ATVI- Short at the break of 42.43 for a longer term of 33.33 & 2ATVI started to breakdown from the upward channel. It has significant moneyflow divergence & moneyflow started to breakdown to the negative side. It has longer term downward potential to 28.13
Need to be aware of earnings on November 3rd for stock play, and for option play we are looking for $44 May Puts - $3.95
You can check our detailed analysis on ATVI in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 5:40"
Trade Status: open (November 2nd)
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Trigger Finger Ready: Activision Blizzard When This Happens...I have my finger on the trigger to short Activision Blizzard, Inc. (NASDAQ:ATVI). $ATVI has had a monster run in 2016. In February 2016 the stock traded as low as $26.50 and currently is trading at $43.79. This is a whopping 65% move. The trigger is going to be the day it trades below the major up-sloping trend line. Once this happens, the stock crashes down hard to $35. I will be short the stock and profit in a major way.
ATVIBreakout with volume, macd confirms. This looks like a good buy, can check calls but stock is not too expensive. I don't like the overall fundamentals on ATVI but the technicals look very good...so this could be a nice little mover short term. Long term needs to increase ROE, EPS some metrics are ok others not great.
ATVI - Big time shortSteve Mandel and George Soros recently acquired some shares of this stock, can't say i will follow them this time
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Candles are crazy on top. hopefully it closes the same
