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Bullish options activity in IGT ahead of earningsIGT, International Game Technology, has been getting some unusually bullish call options activity today. IGT blew away analyst estimates on its last earnings report, and options traders may be betting on a repeat performance. IGT has been seeing particularly strong growth in its global lottery division. Even if IGT misses on earnings, it could soon start to gain as it rolls out its new "CrystalBetting" sports betting terminal. In addition to its growth potential, IGT has an $.80 annual dividend.
NYSE:IGTLong
by ChristopherCarrollSmith
Tencent buys 29% stake in Dune and Conan gaming company Funcom The initial rally in OSL:FUNCOM share after news broke that Tencent bought the largest position in the Oslo based gaming company was called off after primary insider Fredrik Malmberg sold a large amount of shares the same day. This is giving the market a chance of buying Funcom stock with a healthy discount compared to the share price payed by Tencent. Funcom have completed a full turnaround of the of the company since the release of survival game Conan Exiles, and is now debt free. This makes the company a very interesting investment opportunity and well positioned on creating great new games based on the Dune franchise. Dune video games coming alongside 2020 movie, says Funcom www.polygon.com PC Gamer: Funcom is making an 'open world multiplayer' Dune game www.pcgamer.com Techcrunch: Chinese social media and gaming giant Tencent is taking a 29% stake to become the largest shareholder in Oslo-based Funcom. techcrunch.com Q2 2019 presentation: cdn.funcom.com Q2 2019 report: cdn.funcom.com FUNCOM N.V. ENTERS INTO EXCLUSIVE PARTNERSHIP WITH LEGENDARY ENTERTAINMENT FOR GAMES IN THE DUNE UNIVERSE investors.funcom.com
FLong
by savepiginvest
$GME, Gamestop, will come to a STOP!Look, the truth is no one buys games from Gamestop anymore like we use to. We can easily download games via our console or we go to stores like Best Buy, use Amazon or buy used games or consoles through Craigslist or Facebook Market. There is nothing special about Gamestop, anyone can do what they do. What they should focus on is selling classic old vintage games. Maybe that'll revive them. But, the way things are...I only see it going away like a Blockbuster.
NYSE:GMEShort
by OfficialGoon
ZYNGA INC - NASDAQ: $ZNGA Knocking On The DoorAfter breaking to higher ground in May on enormous volume, shares of ZYNGA INC - NASDAQ:ZNGA have found themselves building a high-level base, while working on its right-side with the stock now knocking on the door of a potential break-out to loftier levels as we can observe in the Daily chart above. While a bit more work is required, we can see that ZNGA presently trades above all of its important moving averages 20/50/200 DMA's, which lends to a healthy technical picture. In addition, when one extends out to the Weekly and Monthly time-frames, we can also witness that ZNGA remains in fine technical shape across multiple durations. Thus, both investors/traders may want to continue to monitor the action closely in the days ahead for if ZNGA is capable of going topside of the $6.55 level and can 'stick', such development would likely trigger its next advance into and initial $8 - $10 zone objective with potentially loftier levels down the road. ****NOTE - ZYNGA NASDAQ:ZNGA Is Due To Report Earnings Next Week 7/31/19 After Market Close ****
Z
by InsiderFinancial
Microsoft Heading Big!! 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 excitement for customers in this industry. In addition, Microsoft also spoke roughly around the topic of game streaming, with a new project called X-Cloud and will stream almost virtually on any device capable of internet streaming. The game streaming market has become bigger by the year with other competitors such as Googles Stadia, PlayStation Now (Sony Corporation) and other smaller companies. If Microsoft want to stand out from Googles Stadia in particular, Microsoft will need to be fast, reliable and minimize as many network faults as possible. Google have an advantage in the streaming industry as it's been streaming data to the world for many years and provides a leverage that Microsoft doesn't when it comes to servers and networking. Microsoft will need to work extra hard to get where they want with additional investments to server hardware. I do conclude that Microsoft is a perfect company to go long with, a positive annual revenue stream with an estimated 10.85% growth in total revenue per year makes Microsoft perfect to continue expanding within the gaming and computer industry.
NASDAQ:MSFTLong
by bailey707
E3 is coming - ESPO (video-gaming etf) / LongWith 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 set your stop-loss and profit-exit orders to protect yourself and balance the risk/reward.
ELong
by dorfmanmaster
EA potential MA 50/200 crossover and start of bull trendEA 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 39% increase. From the beginning of the stocks last bullish cycle from July 2012 to the August top in 2018, the 50/200 MA has crossed 4 times in which it has made good gains before its recent 50% drop. The price of 78$ when it bounced is also the 0.5 on the fib retracement scale of the bullish cycle. EA has also bounced on the 2 lowest blue trend lines 3 times from its last low. Note that the 78.00$ price acted as a previous top and resistance for EA back in 2015 before it became as support bouncing the first time on December 2016 and now recently in December 2018. I think it can be a good trade to buy the breakout IF it breaks the current channel its in and if the 50/200 MA crosses.
NASDAQ:EALong
by M1das33
1
EA potential MA 50 MA 200 crossover and start of bulltrendEA 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 39% increase. I think it can be a good trade to buy the breakout IF it breaks the current channel its in and if the 50/200 MA crosses. From the beginning of the stocks last bullish cycle from July 2012 to the August top in 2018, the 50/200 MA has crossed 4 times in which it has made good gains before its recent 50% drop. The price of 78$ when it bounced is also the 0.5 on the fib retracement scale of the bullish cycle. EA has also bounced on the 2 lowest blue trend lines 3 times from its last low. Note that the 78.00 market acted as a previous top and resistance for EA back in 2015 before it became as support bouncing the first time on December 2016 and now recently in December 2018.
NASDAQ:EALong
by M1das33
1
Bull flag on EA. Could look to rally higher.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 support line of the bull flag, and we could be setting up for a golden daily MA cross (50 MA crossing the 200 MA) if price can break to the upside here. As a side note, if my technical analysis (or analysis in general) is helpful and informative, I accept BTC donations ( my BTC address is in the Signature box below.) I'm a full time student in college, so any donations are greatly appreciated! Thank you! Moving average guide (All daily for this post): 50 day moving average in Green. 100 day moving average in Yellow. 200 day moving average in Red. Entry: $98.40-$103.20 Target 1: $111.30 (Prior consolidation zone.) Target 2: $116.00 (Prior consolidation zone.) Target 3: $121.60 (Prior resistance zone.) SL: $95.50 (Below the 50 day moving average, below the bottom support line of the bull-flag, and below the previous wick which hit $95.66.) -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
NASDAQ:EALong
by Deftsuo
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..
NASDAQ:ATVIShort
by excito
Long - Take-Two Interactive (TTWO)- 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) - Target is set at an overlap level the 200-day EMA (20%) with a stop-loss at the low (8.25%)
NASDAQ:TTWOLong
by yacine.ouldchikh
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.
NASDAQ:ATVI
by MarthaStokesCMT-TechniTrader
Big block buying in FUNCOM could be catalyst for new uptrendBUY 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 Conan Exiles was the most profitable game ever for the company. ( www.mmorpg.com ) Recent shareowner updates has indicated that new institutional owners are taking advantage of the current weakness in the stock to take a significant position. Speculations at the very active norwegian growth investors community Tekinvestor.no is that it is the new Core Ny Teknik fund that is owning the position. (www.realtid.se) Ahead of the Q4 2018 presentation, investors are expecting too see continued satisfying sales of Conan Exiles, and also satisfying sales of the sleeper hit Mutant Year Zero: Road to Eden that was launched at Steam during Q4.
FLong
by savepiginvest
ATVI looooooooooongmaaaaaan!I can't see $ATVI going down anymore than it already has. Sure - the world of gaming has changed, but I'm sure ATVI woke up to that realization pretty quickly. It has been 10 years since they had a serious shakeup, and last time I looked, 2008-2009 was a huge shift for them. They are going to shift hard again just like they did last time, Bungie is gone, opposite of what they did where Activision and Blizzard merged. Still, there is a major shakeup. We're talking mobile baby! We're talking microtransactions and money coming in for buying skins instead of new games. Expansion packs are cheap to introduce. Reskin and resell old titles as new has been their motto for quick cash fixes. No more though, the future if mobile. And if they want to capitalize, they have to put out something NEW and EXCITING for the mobile world. RSI is oversold MACD is crossing over Vortex indicator is (+) trending UP and (-) trending down/flat. and that autofib is saying half way zone just like in 2008. All of these looks tooooo familiar.
NASDAQ:ATVILong
by BTCStrategies
Activision activated at 40$ all the way to 60$ 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$. I was looking at it before but was instead of greedy like in the past, I was really patiently waiting for it. And boom there it was on monday or tuesday. I will hold until around 60$ to close this gap from its big drop a few weeks ago and look at its behavior. The future will be challenging but I think they will get it clear that nobody is waiting for diabolo mobile games and concentrate on the core power like call of duty or overwatch with free plays and integrating monthly subscriptions for constant cash flow. If it will drop again I will take a second position at around 35$ after the 60% drop from its all time high. Just my opinion so make your own research And like always May the markets be with you
NASDAQ:ATVILong
by derfreietrader