Activision Blizzard will provide christmas presents in advance ATVI is reclaiming its 200W average and look poised for growth. See next chart for interesting historic perspective.
ATVI trade ideas
As the great Bruce Buffer would say ITS TIME !If that doesn't look like accumulation to you i am not sure what does.
ACTIVISION BLIZZARD bullish MA alignment AVERAGE ANALYSTS PRICE TARGET $53
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO 23
SHORT INTEREST 3%
COMPANY PROFILE
Activision Blizzard, Inc. engages in the development and publication of interactive entertainment. It operates through the following segments: Activision, Blizzard, and King. The Activision segment develops and publishes interactive software products and entertainment content, particularly for the console platform. The Blizzard segment develops and publishes interactive software products and entertainment content, particularly for the PC platform. The King segment develops and publishes interactive entertainment content and services, particularly on mobile platforms, such as Google's Android and Apple's iOS. The company was founded in 1979 and is headquartered in Santa Monica, CA.
$ATVI Potential Rounding bottom and at the Neckline (Gap Fill)Good evening, I made a post on ATVI a while ago, but we are currently at the neckline once again. We have filled the gap between $40 and $44. We have another one to fill which coincides perfectly between the .382 and 50% retrace. The Rounding bottom potential target also happens to coincide in to the gap fill. Just an idea now and it's not confirmed until we see follow through price action above the neckline. You outta retest the neckline as support before taking off. That may be another potential entry if you haven't got into ATVI yet. Or you could add to your Longs there!
Setup for Buy and Hold Looks SolidFundamentals look good, EV to Mkt Cap is <1, new releases looking popular, technical setup is attractive. This would be a 1-2 year long for me. I'd be looking to pull out half at $64 and the rest at $84.
ATVISo this stock has been hammered from ATH,
84. was high and 48 seems a bit low, im going to hopefully play till around october 25th, if i can get an entry at 45.17 ish , i dont think this well be hit too hard by china, a bit of pressure on gamemakers from the shooting dropping it lower might help lower entry, this could be an issue, they have an over-reliance on a couple of games COD, WOW, Candy crush.
Cod mobile, cod modern warfare, other games being released on other platforms, sypro, destiny are the bullish catalysts for me
not going to put much into it , not sure about a stop loss
Will ATVI's aggressive move into eSports be a long-term payout?NASDAQ:ATVI is known to continually pump out great A-list video games. They have become a dominant force in the video game industry, and will remain one for years to come. As the millenial generation grows up and has kids of their own, video games continue to gain popularity as a pass-time for both kids and their parents (you would never catch my baby boomer parents playing video games!).
Although video games will continue to grow as a pass-time, this is not the reason that we see NASDAQ:ATVI as a long-term hold (atleast, not entirely). They have been continually doubling down into the eSports category, particularly with their team-based shooter #Overwatch. With big investor money flowing into the Overwatch League, it is growing and evolving from a nerdy gaming stream to a full-fledged sports league.
Here at #Stockzilla, we believe that eSports will be a major industry globally, and NASDAQ:ATVI will be a leader in that front... The question is; how soon will this happen? While we think it is likely, if it takes 15 years for the league to take off - an investment today may sit stale for a long time before seeing the returns driven by a booming eSports industry. On the other hand, if eSports can continue to grow at the pace it has started out on over the past couple years, it may not be long before people are cheering for their favorite Overwatch team at the local pub just as they would for their beloved Yankees, or Steelers... or MAPLE LEAFS!
eSports poses an interesting change in the world of video games - do you think it will drive great long-term returns on stocks like NASDAQ:ATVI ? Let us know what you think! Stockzilla Community would love to hear what you think, either on twitter (@StockzillaC) or on our Mixer livestream! (mixer.com/Stockzilla-Community)
ATVI Strong Long Term Trend! Earnings!ATVI has earning coming up and I would love a gap above 51.50 (in the green circle) out of this consolidation causing bears to be trapped. On the weekly chart it looks like it might have put in a bear trap with that long weekly wick last week. Similar to how it crated a bull trap before the earning on 8/11/18. Playing devils advocate it could be a trap for bulls with a fake breakout of the triangle. We will find out soon enough. I'm bullish on video games long term either way.
LONG+MID+SHORT TERM, all are good for this momentReasons to grow:
1. the anticipated Q2 report is positive
2. the "sinus" will now "come back", and will correct the price to the positive, until the next "negative sinus"
3. the effect of trump's tax message looks like has become to its end, and all the major indices should return to the positive trend
4. overall, the gaming industry is profitable and is growing
Tango up?ATVI looks like it wants to make a run leading up to the release of Modern Warfare on 10/26/19. Target is ~$60 before launch, if it does well ATH?
ATVI potential good trade set up for longsLast impulses down have created Bullish Convergence. Not the best you want to see, but you are seeing accumulation with ATVI! You are currently above most of the important moving averages on the daily. A common retrace would be between $56.95 and $67.51 over time! That being said, on top of the bullish convergence and accumulation going on, you also happen to have a gap to fill exactly at the 50% retrace. Too many coinciding variables for a safe long entry here! :D
$ATVI Double Top Confluence With Channel, RSI DivergenceSee chart, possible short to the channel support.
Targets based on structure, fib retracements, and fib confluence zones
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Goodluck!
ATVI Trading sideways + GapNASDAQ:ATVI has been trading sideways for over 9 months now and in a tight range for the last month while printing higher lows (ascending triangle ?). Oh, and of course opened a big gap in that last drop.
What I'm looking for next :
50$/200 EMA test/breakout
Volume on breakout
Strength of breakout/if weak see if market structure holds
Gap Close
Slight dip before long up to earningsDip probably approaching. Buy during and then ride to earnings before the sell off.
Double top dropdown?Definetly wait till the candle is closed but this could be a double top followed by the predicted dropdown earlier this week
Pullback and breakoutGet ready for a touch on the bottom line of the triangle followed buy a breakout with the release and reveal of the new Call Of Duty: Modern Warfare.
