SwingBatter12
Watch the area for breakout having troubles in premarket at this area
11.2 is pretty strong long term support would be watch this area. Next Support after that is 10.33 with china tariffs and everything this stock is heavily shorted which has potential for a big short squeze if it starts to run.
To much negative stuff going on i think 2019 crash the rate im seeing going take 6-9 months. May have pumps after trade war subsides but dmage has already started reduction of balance sheets and rising rates even if the trade wr subsides going to push the fed to raise rates faster anyways,
Long here on activision
chart says could test 276.3 today/2moro watch it for bounce
Would watch 194 for pulback possibility macd really high on daily volume decreasing. Sugesst pullback may happen in next few weeks.
Earnings soon
Put could test 370 or lower
If falls below 212 may test 210 as cup and handles forming
Think low risk/reward entry near here unless she break down below that accumulation zone of .42- .44
This is cautious area if can break 271 think can go to 278-280
think we continue down 2moro but just my opinion. Cashed my put at 100% on drop today.