Wednesday, May 06, 2009

ATVI - Ahead of Earnings

Weekly Chart of Activision

- Bought some ATVI June 11 calls with a B/E @ 0.85. Small premium at risk... no worries.
- Price stuck in up channel.
- Money Flow still pointing up, Stochastics flat in the 75 area. Moving Averages flat or pointing up.
- Earnings coming tomorrow aft close (ATVI has $WoW, $CoD, $Guitar Hero) May surprise

... Will see how goes.

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