Friday, December 16, 2016

Commentary for 12-16-2016 $ATVI $EXPE

New Buy Signals:

ATVI (Activision Blizzard Inc.) - my algorithm posted a Buy signal for this last night. Currently the stock is down some 1.4% from open so this provides less risk of entry.
As the chart below shows, one should be able to enter in this price level.

Stop Loss - $36.05 (Risk 1.1%)
Next Price Target - $37.92 (Reward 3.9%)
Risk:Reward - approximately 1:3.5

New Sell Signals:

EXPE (Expedia Inc.) - if you have a position in this stock, you may have already suffered quite a loss.
UltimateAlgorithm suggests sell now, because higher prices are unlikely in the near future.

Next drop target - $114 (-2.3% from last price).

To see general results of the algorithm click here.
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Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

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