Activision and it's recovery after Diablo 4 mobile version.... I was watching that announcement back in 2018. I think that it was great year for gaming community not in terms of good games but the power which costs Blizzard quite a s sum of money. Last quarter of 2018 bring huge appointment's like Diablo 4 mobile, battlefield 5, Fallout 76 or Anthem. Greed and lack of respect for customers I think reached very high level.
Definitely blizzard is the company which is delivering most of the time the best quality games. I believe that ppl will argue with me etc but it is not the point.
Point is that I have seen Diablo trailer, Diablo game-play, word of Warcraft classic was a very good move in my opinion too.
If U look at the chart U will see that the drop stopped at 50% and it trading above 200 EMA. W.D. Gann often pointed out 50% as the important place on chart.
If U believe at bull market for the next five years or so I'm pretty sure that entry at this level would be profitable and blizzard stocks will go beyond 100.
Blizzard made also some cuts after that drop in share price which will have positive affect on share price when good games will be coming up.
I will look for more info about it and if U have something interesting in regards this chart share.
