Blizzard Activision Blizzard is an American developer and publisher of games for PCs, consoles, and smartphones. One of the most attractive companies in the gaming industry at the moment.
They own many strong gaming franchises like Overwatch, Diablo, Call of Duty, World of Warcraft, Candy Crush, and others. The last three franchises mentioned exceeded the $1 billion profit in 2020. Who played these games? Write in the comments!
Also, the company plans to release games on smartphones across all its franchises. Mobile gaming is a fast-growing business at Activision. The Call of Duty audience of 40 million had exploded to 100 million in a year. It thanks to the successful launch of the mobile version. By the way, the game has recently launched in China. The upcoming releases are expected to include Overwatch 2 in 2022 and Diablo 4 in 2023.
Technically, it formed a gap, which we expect to fill shortly.
Activision has good prospects because of the ongoing pandemic, future releases, and the company's good current performance.
Best regards EXCAVO
ATVI trade ideas
$ATVI | Textbook Triple Bottom Pattern$ATVI formed a textbook Triple Bottom. Confirmation comes with a breakout of the neckline at $95.
Initial Target is $99, but can easily see higher to fill the gap at $101
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
$ATVI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ATVI after a Positive under reaction following its earnings release placing the stock in drift A
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ATVI Breakout tomorrow/next week? Looking at both chart patterns, resistances, stochastic and other technicals whilst having an idea of the effects recent releases and their revenues should have this looks prime for a Breakout. What does you others following ATVI think? Does it make sense or is it confirmation bias?
Good short.It has been a couple of days since ShawnZ signaled sell on daily chart. Since then, it has been rejected at the 20 Daily SMA. If someone got a short in this afternoon, it should pay handsome. These are setups which one dreams of - Sell the Rip at the best possible price.
Of course, I could be eating crow on Monday. Time will tell and TV will record for posterity. I am not taking a real position on this. So, one can argue I don't have skin in the game. I will see Monday morning.
Caveat emptor. Good luck!
ATVI - Buyable gap-up (Etoro Portfolio)Buyable Gap-up raised by William J. O'Neil in "Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market".
First it has a uptrend from MA30 (right chart - weekly chart), price started form in consolidation (left chart - daily chart).
Typical Stan Weinstein's Stage 2 forming. Price breakout from base and gap up on 5th Feb, volume was 17.048M which is approx. 2.6x of Moving Average 50 volume.
After 2 days candlestick has not retraced, I have a position @ATVI.
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