Anticipating a brief correction to $71 tomorrow, before another drop to pre-covid support levels. Short will trigger at $70.85.
ATVI is already overpriced, and I anticipate negative news coming out of China on Thursday during the NPS meeting, further accelerating a drop through the week.
Looking to short ATVI to the $66.50 area and re-evaluate.
ATVI is already overpriced, and I anticipate negative news coming out of China on Thursday during the NPS meeting, further accelerating a drop through the week.
Looking to short ATVI to the $66.50 area and re-evaluate.
Nota
China gov't meeting is NPC not NPS.I'm expecting China to retaliate against US firms and markets amid delisting and Huawei news
Nota
So far ATVI is trending up towards next fib level. Added several debit spreads at $66.5/$66 06/05 EXPDagangan aktif
So I picked up a few more Puts today near the top today and made 160% on those (5/29 $68.50) just before close. Nice short term play to make up for underestimating the top yesterday! Still holding my original put spreads through tomorrow. New analysis:Dagangan aktif
I have two Bear put spreads active right now (market close 06/02):06/05 $66.5/$66 - Down -42 % currently
06/19 $71/70 - Up +18% currently
Will continue holding, likely the 06/05 contracts are a total loss.
Nota
Likely we see another breakout to 75.50 if resistance is crossed.Nota
If no retrace near the top of the channel I will look to close the 06/19 Bear put spreads by thursday 06/04.
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.
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.