Activision has a nice high-volume support node at 47 and has been holding above that level today. On the 1-minute chart it's moved above its 50 MA and looks like it will rise the rest of the day. Activision is in the software sector, which is outperforming the S&P 500 right now. It's also gotten into esports, which is extremely hot.
Just recently held was the Xbox E3 conference, where Xbox (Microsoft) announces all new games and consoles. Within this week alone where the conference was held, a sudden increase roughly of 12% was reached in share market price. A new console that Microsoft announced is called Project Scarlett and will be 4x more powerful than the previous Xbox one x. Creating...
With 2019 E3 (2019 Electronic Entertainment Expo) coming up next week. -- June 11th - June 13th -- I believe this sector will thrive short term. Important focus portfolio holdings are: NTDOY (Nintendo) -> 6.84% SE (Sea Ltd) -> 6.63% ATVI (Activision) -> 6.53% EA (Electronic Arts) -> 5.85% TTWO (Take-two Interactive) -> 5.11% * Remember to always...
EA released its newest game Apex Legends on February the 4th. The market didn't really do anything special that day because the ER was coming the day after. The market reacted badly to the earnings and made the stock dump. The first day after the ER the market went as low as 78.00$ before it started its next uptrend. From its February low it has made around a...
EA released its newest game Apex Legends on February the 4th. The market didn't really do anything special that day because the ER was coming the day after. The market reacted badly to the earnings and made the stock dump. The first day after the ER the market went as low as 78.00$ before it started its next uptrend. From its February low it has made around a...
NASDAQ:ATVI Earnings seemed to provide a good entry point for this bullish setup. Above $50 there is a big gap that should be filled soon IMO. This would be one that i would keep an eye on and enter possible buys/calls after a daily close above that $50-51 level.
EA is currently consolidating within a clean bull flag pattern, and could look to break out soon. EA is coming up to the top of the bull-flag, which is in the vicinity of the 200 day moving average, so it will really need some volume and conviction to break through these resistance levels. EA has the 50 day moving average acting as support, along with the bottom...
This company is failing it's customers in multiple ways. ATVI is a mix of two gaming companies that are both far beyond losing touch with it's customers and the gaming industry as a whole. A good gauge on how a certain game company is doing (and the best in my opinion) is by checking their community forums. In this case they are barren and...
ATVI bounced well from the 50 Day MA and seems to be moving towards the 200 day MA. A conservative target of 55$ in the upcoming month in my opinion. Stop loss : 39$ Target: 55$ Long term target: 60$ From current prices, that is more than 20% increase which is a great trade. Ride the uptrend !!!
- NASDAQ:TTWO broke above a falling wedge pattern in place since last summer - Prices are trading above their 20-day and 50-day EMA - MACD finally turned positive - Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards) -...
- NASDAQ:ATVI broke above a falling channel in place since November - Prices are trading above their 20-day and 50-day EMA - MACD finally turned positive - Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards) - Target is...
Activision Blizzard Co is developing what will become an intermediate-term rounded bottom formation, aka bowl bottom. It is about 25% to completion. Large-lot indicators have not formed a shift of sentiment pattern yet, as smaller funds’ VWAP orders continue to trigger in capitulation mode. The smaller funds are giving up on ATVI as it bottoms. The Dark Pools will...
BUY Signal: Any move on high volume punching through NOK 15 and especially NOK 16.5 represents renewed positive momentum in the FUNCOM stock. --------------------------------------------------------------------- The top 20 owner list in Funcom has been dominated by active traders selling off after the recent NOK 25 peak that occured after Funcom announced that...
I can't see $ATVI going down anymore than it already has. Sure - the world of gaming has changed, but I'm sure ATVI woke up to that realization pretty quickly. It has been 10 years since they had a serious shakeup, and last time I looked, 2008-2009 was a huge shift for them. They are going to shift hard again just like they did last time, Bungie is gone,...
Hey everybody, the gaming market had a really rough two month and it was all a reason of the fear of fortnite and its free game play with massive player community. EA Sports, Take Two and Activision Blizzard got beaten down and I was lucky to grab a position at the gap close at 40$. I was looking at it before but was instead of greedy like in the past, I was...
As shown on the chart it bounced off lows & headed towards a bullish cross An interview with CEO triggered a bigger volume due to lack of PR since IPO. Revenue growth is quite spectacular compared to many other AIM companies. I first bought after IPO at around 5.5p-6p & sold at 7.15p, I have then re-bought again last friday at 4.45p Lots of research around...
As usual, takes governments a decade to react to anything new. But once they get started they are relentless, zero is the bottom. They had a nice run, criminals made alot of money. But this disgusting filth is getting destroyed now. Microtransactions have been around for 20 years, at least the idea, but they have really been abused in the past 10 years and on a...
TTWO Excellent QTR, strong momentum. Down due to sector weakness today. Hit bottom of trading range today at 109 and bounced off, 15% upside. Sell near 129.50 resistance for 15% gain.