Activision - Blizzard Update
After entering $ 78 in September, the price dropped almost to my second limit order at $ 71, and then began what could be a bullish phase.
The price bounces right on the POC of the last 18 months and then shows strength on Thursday.
The Earnings next week could give the definitive answer and in practice, I will cancel the limit order because if there will be a negative situation, the price could also fall below $ 70.
At least I'm waiting, because in case of a major retracement, the next levels to accumulate are $ 66 and $ 60.
If there are interesting Earnings, the targets are:
- $ 85 (short term target)
- 90 $ (important volumetric resistance.
- $ 100 (volumetric node close to the all-time high where the price could retrace or lateralize creating an accumulation situation)
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
After entering $ 78 in September, the price dropped almost to my second limit order at $ 71, and then began what could be a bullish phase.
The price bounces right on the POC of the last 18 months and then shows strength on Thursday.
The Earnings next week could give the definitive answer and in practice, I will cancel the limit order because if there will be a negative situation, the price could also fall below $ 70.
At least I'm waiting, because in case of a major retracement, the next levels to accumulate are $ 66 and $ 60.
If there are interesting Earnings, the targets are:
- $ 85 (short term target)
- 90 $ (important volumetric resistance.
- $ 100 (volumetric node close to the all-time high where the price could retrace or lateralize creating an accumulation situation)
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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