I am an old World Of Warcraft player (ravencrest:). Blizzard makes up about 30% of income ATVI (Activision Blizzard, Inc.) .
I know a lot about their products: WoW, Warzone, etc. And today I will talk about ATVI not only from the side of chart analysis.
๐๐ค๐ข๐ ๐๐๐๐๐จ:
๐ Shadowlands was good on start - against the background of the past sh#t BFA. It was a breath of clean air. But it's still sh#t expansion without new and exciting content. - I see here a good correlation with expansion success like "Legion" and the price of a company. ๐ Warzone was good on start :) Nowadays it's not in the top 5 twitch. Pubg and Fortnite are more popular. Also, we have Valorant and APEX. ๐ Negative news background: courts, complaints, layoffs. ๐ On M chart we are under 50 MA. ๐ Still far from 200 MA
โ We have a support line on 57.54$. Here you can invest a very small amount. It's risky. โ Next one is price ZONE 42$-50$. It's a good spot to invest. With normal SL and risk ratio. โ the Last one is 200MA line.
I can't guarantee that we continue to fall into this buy zone. But, I think it's the best risk/profit deal here.
P.s. Have interesting companies from SPY or NSDQ100 ? Leave it in the comments, I'll do a post like this about your company.
P.s.2 Follow me for more :)
Good luck, V.
Trade closed: target reached
+50% who bought on the first buySPOT :) Microsoft buys ACTIV ;)
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