UnknownUnicorn1314136

I like video game stocks right now to recover some losses.

Long
NASDAQ:ATVI   Activision Blizzard Inc
ATVI Underlying chart is for ATVI, the orange line is representative of EA in comparison. Overlaid the two to highlight the simultaneous breakouts of both stocks from resistance that has held them both down for months. ATVI has a really wonderful gap fill opportunity overhead, and EA should be able to run up to 113ish, and if it can push through that area then into the 120's fairly easily. Macro market conditions will weigh on all stocks of course, but as long as there is no devestating trade news, should be able to get some nice gains here. I am already in an EA Sept. 20th C125 that I posted last week. Also today initiated an ATVI Aug 16th C52.5, at .80 near the close of trading. Video gamers look technically ready to strike, so I'm gonna try to go for the ride. Happy hunting to all!!
Trade active:
Added another Aug 16th C52.5 during the dip today at .70, so current cost avg is .65. By end of day had risen all the way back up to .91, providing for a nice gain with plenty of time to run. Still holding.
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