ATVI trade ideas
ATVI - to short at the break of 39.23ATVI running within a upward channel. We think it will break down as there are Significant insider selling & negative money-flow divergence.
Break of 39.23 will be short entry confirmation. For Trade we are looking for Feb17- 34 put which are currently $1.35
Our target is 61,8% fib level at 32.85
You can check our detailed analysis on ATVI in the trading room/ Executive summery link here-
www.youtube.com
Time Span: 0:25'
Trade Status: Pending
ATVI - Short (#Priceaction_Swing_Trader)04JUN16 (Daily) - Was considering shorting the stock below the $39.61 level, for a rebound to $35.59 should we get bearish signs,
however while the stock has had a strong pin bar form from high 40s, we had stronger volume and a larger move to push the stock
into its upper trading range. Additionally we may find a base at $38.16 which limits out downside on the trade. Will continue to watch
and see how the trade unfolds.