Microsoft had agreed to acquire Activision Blizzard ATVI in a cash deal valued at $68.7 billion, equal to $95 per share. Activision Blizzard owns some of the most popular gaming franchises globally: World of Warcraft, Call of Duty, and Candy Crush. So there is a 17% upside arbitrage here, if the deal does close.
Hi guys. This is my techical analysis on what i see on Activision. Its a personal favorite, as im a heavy gamer of COD, diablo and more. But just a reminder this is not financial advise, i am not a financial advisor. Everything portrayed here is my opinion. FYI - i tried to fit an example of MACD that i feel this current action is more closely related to so...
Activision Short Term - We look to Buy at 79.10 (stop at 76.16) A bullish reverse Head and Shoulders has formed. This is positive for sentiment and the uptrend has potential to return. A weaker opening is expected to challenge bullish resolve. Previous resistance at 79.00 now becomes support. Further upside is expected although we prefer to set longs at our...
Microsoft`s buyout of Activision Blizzard is for $68.7 billion, so $95 per share. If the deal will work out, you are getting ATVI shares at an important discount today! Looking forward to read your opinion about it.
The hard times continue for the company that created Diablo (which knows about hell), which has lost 45% from the highs of February 2021. We are not that far from the bottom hit during the first wave of covid in 2020. We all know the reasons: the investigation into the sexual harassment of an employee. It is not my interest, to go into the merits, I simply...
Activision Blizzard is once again at the channel resistance. Additionally, there is an inverted head and shoulders. We can expect a retest of the Neck line at the point of its intersection with the support line (about $ 75). According to the indicators, we have a bullish background. I put the stop loss level at $ 69.8 (-11.5%) - slightly below the round...
Lots of negative news around ATVI but I believe it has been priced in. Strong buy at the market might have trapped some bears. Seeing this retracement to reach between $82.70-83 area. Stop Loss at $82.80 Target at $86 Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations. If you have any symbols that you'd like...
Much Like EA, we see Activision is on the move. A break and daily close above the $80 resistance "could" trigger a rally to the range high towards $85+
With the stay at home orders still in place and many spending majority of their time at home, video games are seeing a surge in player activity. Activision seems to be moving and "potentially" formed a Cup & Handle pattern. Would like to see a confirmed break above the $80 resistance on the daily chart, then a weekly close above $85.