Looking at ATVI as a LT investment.
Trade:
Entry above 55.50
LT target 62.87
SL 54.01
CONCERN - low volume
Earnings Nov 7
Technically:
Building tension into a squeeze
Cup and handle formation (sloppy)
Golden cross on the SMA in the August
Golden cross on the EMA due to happen TODAY 25/10
Entering gap-fill region - this is my target should it get through the significant resistance level (dating back to May 2017) that it sits at today at $55.50ish
Fundamentally:
Strong stable of games, recent releases have been extremely successful (so we're lead to believe), going mobile which appears to be the future of gaming, with more to come. From an in-game monetisation perspective, ATVI will need to ensure that their efforts are not overly aggressive (i.e, constant notifications to make purchases, along with gameplay restrictions for not making a purchase.
EA felt this firsthand with Battle Front
Pricewise
ATVI is a laggard compared to
EA,
TTWO etc. However, this is down to 2019 being a transition year for the ATVI team after 2018 saw a significant reduction in daily players for a number of titles.
Trade:
Entry above 55.50
LT target 62.87
SL 54.01
CONCERN - low volume
Earnings Nov 7
Technically:
Building tension into a squeeze
Cup and handle formation (sloppy)
Golden cross on the SMA in the August
Golden cross on the EMA due to happen TODAY 25/10
Entering gap-fill region - this is my target should it get through the significant resistance level (dating back to May 2017) that it sits at today at $55.50ish
Fundamentally:
Strong stable of games, recent releases have been extremely successful (so we're lead to believe), going mobile which appears to be the future of gaming, with more to come. From an in-game monetisation perspective, ATVI will need to ensure that their efforts are not overly aggressive (i.e, constant notifications to make purchases, along with gameplay restrictions for not making a purchase.
Pricewise
ATVI is a laggard compared to
Nota
Failed breakout on 18/10.Will continue to watch for re-entry above 55.50
Nota
Will find support at 53.50-53.90Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.