ATVI is being a target of takeover (agreed by shareholders) at 95$ by MSFT. Some of the anti-trust organizations are opposing to it. That`s why the price is around 76.6$ right now (59 bn).The deal might go through as ATVI + MSFT will not create a monopolistic position on the gaming market, which is very fragmented and everything depends on the gamers...
Activision (ATVI) earnings are in 5 days. (Feb 6th ... expected $1.51) We are currently in a developing Butterfly Harmonic My chart clearly illustrates 2 targets and trendline break challenges (2) along the way. Enough said Perhaps a safer trade might be to wait for a breach of challenges 1 and 2 Keep an eye on broader markets and DYODD. S..
SPY had an atypical session yesterday ranging only 0.7% as the market awaits Powell's planned speech today at 12:40 ET. No bias for today until the market digests the contents of the speak and chooses a direction. In the grand scheme, we are amidst a healthy low volume pullback still above key levels. Capitulation trades: TAL, ATVI, CHGG TAL - Capitulation...
Bullish trend in order tu crossing EMAs 8/21 on Daily charts And volume going up on weekly Entrance= 76.76 Take profit at=78.37 Stop Loss at= 75.16
Currently Activision (ACTI) is trading for $76. Microsoft is buying them in 2023 for $95 (assuming regulators don't block it). That's a 25% return in less than 1 year.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
I recently made this. And just today I added the opposite direction. The gold circle on the right side I added today. The speed fans facing down is where I started from.
The PEAD projected a Bullish outlook for $ATVI after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 87.5%.
Trying to play Overwatch 2 and the servers are jammed. *Daily* Divergence? *4 hour* Super divergence on this badboy.
Activision - 30d expiry - We look to Sell a break of 73.59 (stop at 76.11) Short term bias is bearish. There is no clear indication that the downward move is coming to an end. We have a 38.2% Fibonacci pullback level of 74.15 from 103.41 to 56.07. 73.71 has been pivotal. A break of 73.71 is needed to confirm follow through negative momentum. The failure to...
The PEAD projected a Bullish outlook for $ATVI after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.
ATVI Call of Duty? A Put more like it. ATVI saw price continue its Uptrend on Sept. ’19 when it broke above 50.00. Price moved to all-time highs of 104.17 by Feb.’21. On July ’21, a Distribution stage was confirmed when price broke down from sideways range of 87.75 - 98. Shortly after the breakdown, we had a death cross between the 50 and 200 ema signaling the...
Subwave structure of the current upside move is three wavish, which is corrective, and not impulsive. If H&S confirms, the target is $10 and lower. Not sure whats gonna be the driver for that decline, maybe CMA wont allow the merger to occur? Idk.
This morning I received a Spike Alert for price volatility at the open on Activision Blizzard NASDAQ:ATVI . Perhaps people are excited about Wrath of the Lich King classic being released? :D This swing trade occurs within the context of the Merger Arbitrage trade which has been going on for many months since Microsoft announced an offer of $95/share to purchase...
Falling Wedge in yellow A Falling Wedge is a bullish continuation pattern and in this case is at the bottom of a larger ascending channel Once price touches this lower channel band again and forms a double bottom the falling wedge will come into effect and push price back up further into the ascending channel
Get in what are you waiting for ! Target 91$ Stop loss at 78$ TradeWise