Activision Blizzard Inc is close to Supportline and is right now testing the MA100 line. Within a few days we will get a Buy or Sell signal. I would like to see the Supportline be retested and MACD bullish signal before I buy and go long.
The last few days ATVI has gone up by 4.5% do you guys think that now would be a good time to buy some of the stock? I know that Blizzcon is coming up soon (a big event where they announce their games and expansions) which makes me think that the stocks and shares should rise more depending on any big announcements.Is ATVI currently a good buy?
Nearing resistance. I'm looking for a pullback to support at $60 in hopes to ride it up above current resistance levels at $66.
The bounce range to resistance at 66/67 is getting tighter, but looks good for a couple points. Bought a few Jan. 2019 calls.
Activision Blizzard (ATVI) Not Playing Around Wed, Sep 11, 2019 Rotation into recent underperformers has been discussed at length this week, but video game stocks are just one more example of this dynamic. Video game stocks like Activision Blizzard (ATVI), Electronic Arts (EA), and Take-Two Interactive (TTWO) saw a rough finish to 2018, and unlike other parts of the market, they never managed to retake their previous highs. Although it has been a slow climb back in 2019, the S&P 500 GICS Level 4 Interactive Home Entertainment Sub-Industry which is comprised entirely of these three major video game stocks has begun to rise more rapidly. In fact, the industry has started to outperform the broader market (S&P 500) since the end of July with this outperformance accelerating more recently, as shown in the chart below. Perhaps the most notable of these stocks has been ATVI. Late last year, the stock saw a massive gap down followed by nearly a year of moving sideways with some marginally higher lows. In the past week, though, ATVI has surged nearly 10%, breaking out of this range, and reaching resistance where the stock gapped down to last year. There is plenty of room to run to the upside if the stock manages to break above this critical resistance level. The yield on the dividend is far from high at just 0.66%, but Activision Blizzard has been paying a consistent and growing annual dividend since 2010; increasing on average over 10% per year in this time. While the opportunity to catch the annual $0.37 per share dividend has passed as the stock went ex-dividend back in March (as it has almost every year), the company is forecasted to raise next year's dividend up to $0.40. Looking forward, the company has plenty of catalysts that could prove beneficial to both the stock price as well as earnings. For starters, the company has some seasonal strength as consumers purchase their games heading into the holiday season; Q4 revenues have generally been the annual peak for the company. Additionally, the fall is usually when the company releases some of its biggest franchises. For example, the company's newest installment of World of Warcraft was just released in the past few weeks with a warm reception and another major title, Call of Duty, is scheduled to come out in October.
Quietly confident in Activision, its intellectual property of some of the best games in the industry mean the business stays capex lite and cash flow compounding in the long term. Many investors appear to have missed the key strengths of the business.
Good call on this T0rm3nted, I'm in this now also. Looks like the uptrend is holding up with a hammer and then bounce off of $70 Like the fundamentals also, planning to hold through the summer hoping it runs up into earnings in early August with some hype going into console launches at the end of year.
Earnings report: Q3 overall monthly active users were 390M (Activision 111M; Blizzard 30M; King Digital 249M) vs. 428M (Activision 125M; Blizzard 32M; King Digital 271M) in Q2. Every distributor down, in a quarter when people were stuck indoors.
Blizzard Entertainment brought to the world the once most popular online PC game, World of Warcraft. However, the game started to lose steam in the 2010s and Blizzard started creating other games to sustain their revenue stream. Let’s dive in to see what happened.
see link for story. ------------- https://www.cnet.com/news/activisio...-demand-change-amid-ceos-response-to-lawsuit/ Activision Blizzard walkout organizers demand change amid CEO's response to lawsuit Past and present employees continue to "stand up for change" despite CEO Bobby Kotick admitting the company's initial reaction had been "tone deaf."
