Activision rebounded off the trendline and roughly the 200 day MA. This is as good of a signal you can get to go long in this game. Risk to Reward is very decent considering we could make it back up to ATH's. That's a 14% gain compared to a 3% loss if we fall through the trend.
EA is in a similar position which I charted. However, the rebound is looking stronger for Activision at this current time.
*** This is purely educational and not financial advice.
EA is in a similar position which I charted. However, the rebound is looking stronger for Activision at this current time.
*** This is purely educational and not financial advice.
Comment:
Great day and end of week for Activision, I expect continuation. Personally I havn't entered a trade as I have a few other positions in stocks that I'm content with. But there's good potential for some bullish gains here.
Comment:
Watch this one closely as the trend may get retested. Still very possible that we are gonna make a higher low.
Comment:
Lower high made, now we see if we make a higher high.
Comment:
Congrats to those who traded this, looking good right now!