Expecting a continued uptrend following the channel. Opened some calls today at $53.5 strike. Currently up +25% as of market close 06/02, will continue holding to see if it can break key support levels at 53.85
Anticipating a brief correction to $71 tomorrow, before another drop to pre-covid support levels. Short will trigger at $70.85.
ATVI is already overpriced, and I anticipate negative news coming out of China on Thursday during the NPS meeting, further accelerating a drop through the week.
Looking to short ATVI to the $66.50 area and re-evaluate.
Following Elliot Wave and Fib Retracement we could see dip to $17.50 support zone followed by a final rise to $20.50 in the following week. Price will need to test $19.50 again to prove breakout is possible. News on FB shops may be enough to turn market more bullish on $PINS. Current Price targets are estimated at $20.32. Look to enter long at near 17.50 with...
