ATVI
has taken a fall down below the 100 Day SMA. This has since formed a bullish flag with a similar line of upward diagonal that held dips in price in June and early September. The big drop in price is due to the pushback in their new WOW game release. However, the stock holds a lot of value and has continued to see increased sales through quarantine. Furthermore, the release of new game consoles for NYSE:SNE and
MSFT
in November will likely further boost the companies sales. My first target for this stock is 81.82 in a couple of weeks and 85.84 by early November.
