The old big dividend bait and switch... 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 extremely bias, in favor of the company and it's profits. The mods seem dismissal towards players and their problems. I saw this coming and should of posted this months ago when the price was 100% higher.
The only hope for these two companies is to completely restructure it's leadership methodology, business model, and the development of the games them selves.
Good gaming companies are run by gamers not big corporate executives unfortunately.
I suspect a massive to the $60 range then a complete and utter decimation to it's market cap, again..
ATVI
ATVI LONG: Target 55$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 !!!
ATVI (Activision) bullishI think Activision has possibly put in a bottom here. We saw a massive downside move that aligned exactly with the Diablo mobile announcement at Blizzcon, which in my opinion was a knee-jerk selloff. We saw climactic volume at the bottom (classic bottom signal) and have a multi-month bull div forming on the daily RSI. Short term action looks like a bull flag and the bulls seem to be controlling the volume (always a good sign when you're looking to get long). I normally take fundamentals with a grain of salt but being a longtime Blizzard fanboy, I think the Blizzcon selloff has put ATVI at a nice discount and here's why I think that: Blizzard's cult-like following (me included) were upset to hear the Diablo mobile announcement instead of plans for Diablo 4 but from an investor's perspective I'll tell you why it's bullish. The Chinese market is enormous and Activision didn't arrive at the decision to develop for mobile hastily. As much as Blizzard fanboys hate the idea, I think it will be quite successful (along with Call of Duty mobile). Also, and this is only speculation, but I can almost guarantee Activision execs are squirming to get in on this Battle Royale (fortnite genre) cash cow so I strongly believe we will see big announcements soon on this front. The techincals look good to me as well at this point and with that plus potentially good fundamentals on the horizon I like a long here on ATVI. And yes, I realize Blizzard isn't all of Activision, but it's a huge part of it. New expansion coming up in Hearthstone plus World of Warcraft vanilla reboot coming soon has all the fundamentals aligning for a strong showing in the mid term I think. Good luck.
Long - Activision (ATVI)- 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 set at the gap near the 200-day EMA (17.5%) with a stop-loss near the 20-day EMA (8.5%)
ATVI: Rounded Bottom with Dark Pools WaitingActivision 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 wait to see if the stock will drop further due to the smaller funds dumping before they decide where to set their TWAP orders. ATVI is a gaming company that is gearing up for Augmented Reality.
Activision Blizzard, Inc. buying opportunityThe stock tanked in 2018. Blizz got lazy and really upset a lot of their fan base. A quick glance at the annual fundamentals provided by yahoo it looks like the company is still very liquid, paying down liabilities, and growing earnings attributable to shareholders at a clip. EPS estimates absolutely cratered recently, however, which probably fueled the flame of the sentiment drop. In any case, I believe the developers have listened and reacted to the community's criticisms and will meet or exceed expectations going forward into 2019. From a purely technical POV the stock is a clear cut buy. In fact, I'd go so far as to say its oversold and some OTM leap calls will likely yield substantial returns. I think we've already approached a relative bottom, with a $5 risk to the downside before heavy resistance. Scale in, but now is the time to buy.
ATVI looooooooooongmaaaaaan!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, opposite of what they did where Activision and Blizzard merged. Still, there is a major shakeup.
We're talking mobile baby! We're talking microtransactions and money coming in for buying skins instead of new games. Expansion packs are cheap to introduce. Reskin and resell old titles as new has been their motto for quick cash fixes. No more though, the future if mobile. And if they want to capitalize, they have to put out something NEW and EXCITING for the mobile world.
RSI is oversold
MACD is crossing over
Vortex indicator is (+) trending UP and (-) trending down/flat.
and that autofib is saying half way zone just like in 2008. All of these looks tooooo familiar.
ATVI inside day after earnings and the gap filled!ATVI had a disappointing earning report and dropped sharply to be cut to half from it peak.
Bad forecasting, bad growth rate, layoff........and so on.
There must be some problems yet to be solved for the company, while in terms of technical chart, it could be an opportunity, too!
Here we got this inside day after earnings and it's off the gap support, BABA had a wonderful bounce after a significant gap filled, which was a similar trade!
Still, although I play much less HearthStone recently, I like the company and I'm willing to buy some dip with solid set-up.
Only want to take the breakout long for this inside day yo!
Let's see how it goes!
An Undervalued Free Cash Flow Generator To Start Your New YearActivision Blizzard (ATVI) is, undeniably, one of the premier video game developers in the world and is a true leader in innovation in the space that has, over the long haul, created significant value for shareholders.
ATVI ended 2018 on a bad note as it was losing a key executive after what has been a difficult year for the stock.
While shares of the business today, despite seeing a huge tumble from their 52-week high, are not what investors might call cheap, for a firm with strong growth prospects and the innovative history, it could make a good entry point for long-term investors to consider buying into.
Management has continued, over the long run, to surprise shareholders and create blockbuster titles, and this trend should continue.
$ATVI Risk/Reward HistoryBlizzard Activision has broken the trend of a 18% loss before a >60% gain, indicating that the cyclical nature may have been broken due to a mixed review on its publicized Diablo (mobile) and COD:BO4. The company will not be down for long though, as the RSI and VI are indicating that while reception of these products has been poor, the company is in no way going to zero.
The company has also signed deals in esports recently for its everpopular overwatch. However, their esports scene has not been as epic as expected, yet there are new facilities being constructed worldwide. We will see if starcraft can make a resurgence again, doubtful unfortunately. Focuses seem to be trending towards pushing Diablo for younger/mobile audiences. But are they too late to the game as other companies have dominated the mobile scene?