$ATVI with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $ATVI after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 25%.
VMW trade ideas
ACTIVISION BLIZZARDActivision blizzard a bullish move at play these are stocks for the future in the metaverse
Spring action for ATVI ATVI has a has factors like a low on the RSI on the 1D and the 4H already off to and early reversal. The 4H MACD going in for a cross which made the 1D a bounce into green territory. Price action could definitely go back to resistance and maybe even break through it to find a new floor.
Bullish bounce Activision Blizzard There are several factors that lead me to thing ATVI will have a very strong bounce in the near few. One of which is the MACD. On 1D it is getting back to the cross point. This could mean that it would go lower right. Well on the 240 it is well below the cross. Signaling a sign of probability over sold also judging by previous supply and demand zone. It may want to rise back up to that cross on the 4 hour. Making that 1D MACD bounce very likely.
Also speaking of 1D and 240 candle the RSI looks to be getting very low. With the 1 hour and 4 hour look to be getting back up on the RSI. The daily could see a reversal due to the strong reduced angle it has been since the 15th.
Another factor I believe this to be at or near a bounce into the bullish direction is the BOLL. I been seeing the BOLL has strong support and resistance. It is at that low BOLL line on the 1D usually point in the direction of getting back to center or testing the upper line.
atviclear symmetrical triangle. been coiling up here. key resistance 81.88 however we really just need to cross 81.60 as first barrier to start this bullish move up. it looks it has been really tightening in this consolidation here and the next move will be explosive! as long as price remains above 80s we are set. first target 87$
Support 80.79 as support area.
Bull flag forming. Microsoft invested at buy at 95$
Brerkshire bought some back in October.
The ceo of Activision is gone.
The market is just taking a decline because of the tensions between Russia and Ukraine
The Game of LifeLatest news here .
With more people having to stay at home, they will get bored after the initial newness....Some said that this Covid-19 will drastically change the consumer behaviour and when things are back to normal, we cannot expect them to be the same they were.
I don't know about that since I am still doing my run and swim on alternate days and 80% of the time, I am at home. So the difference is not that great. For now........
Humans have the ability to adapt with the environment given sufficient amount of time. So games company like Activison Blizzard, Ten cents ,etc will rake in good revenues especially during the Covid-19 season. Those who get to ordered to work from home will steal some time off work to go chill out or destress.
Day chart shows it has broken out of the bearish trend line nicely and on the 1H chart, we are awaiting for a pull back before considering taking a nibble.
$ATVIMicrosoft Lays Out New App Store Rules as It Seeks Approval of Its Activision Deal
Microsoft Corp. began to make the case in Washington for its purchase of game giant Activision Blizzard Inc., laying out new data-collection, competition and payment policies for its Xbox and Windows software stores that it says address regulators’ broader concerns about rival app stores.
The company, which last month agreed to acquire Activision for $69 billion, also pledged Wednesday to keep making Call of Duty games for Sony Corp.’s rival PlayStation console even after its contractual commitment ends.
“We want to be clear with regulators and with the public that if this acquisition is approved, they can count on Microsoft to adapt to the rules that are emerging and run our business in a responsible way,” Microsoft President and Vice Chair Brad Smith said at a press event. “We’re more focused on adapting to regulation than fighting against it.”
At the briefing, Microsoft’s top executives explained the company’s app-store principles for its Microsoft and Xbox stores, where users can purchase personal-computer software as well as PC and Xbox games. They include a promise not to use any non-public data from the app store to compete with apps made by rival developers and to avoid “unreasonable preferencing our apps over others.”
Microsoft also said it wouldn’t require developers to use its payment system for in-app purchases, although that stipulation and a few others won’t initially apply to the Xbox store. Microsoft said it plans to bring those rules to Xbox over time.
Both the app store principles and the Call of Duty announcement are aimed at getting ahead of expected regulatory scrutiny of the Activision purchase, which would make Microsoft the No. 3 global gaming company. While Microsoft had previously said it would honor Activision’s deals with Sony, the company on Wednesday expanded on that. Microsoft will make the popular games available beyond the existing agreements “so that Sony fans can continue to enjoy the games they love. We are also interested in taking similar steps to support Nintendo’s successful platform,” Smith wrote in a blog post after the event.
The event, which included Chief Executive Officer Satya Nadella and Sarah Bond, an Xbox vice president, took place as lawmakers consider a bill that would place limits on app stores and force them to let users install outside apps. Microsoft has been an outspoken critic of how Apple Inc. runs its App Store.
“The open web happened, and then what happened? App stores happened, and the openness was thrown out,” Nadella said. “We’d like to get back to a place where there is an open web and there is a helpful way for new platforms to be born.”
Microsoft has already made changes to lower the fees it collects on apps, and last year said that app makers could use outside payment systems without paying a fee. But that rule didn’t apply to video games, the Verge reported at the time. The company had also released an earlier version of app store rules for its Microsoft Store on Windows in 2020.
“We recognize that there will be more scrutiny of any large acquisition that is being made by a large tech company,” Smith said. “So it really behooves us to step forward quickly and proactively and be very transparent about how we will manage this business.”
Microsoft and Apple have been engaged in a battle over rules that govern video-game sales on the iPhone maker’s ubiquitous App Store. Smith has argued that regulators should take action, and the company sent an Xbox executive to testify on behalf of Epic Games Inc., the maker of Fortnite, in a court battle with Apple over app store fees. A trial court judge ruled against Epic, which is appealing the decision.
Last month Nadella flagged the planned acquisition of gamemaker Activision Blizzard as a way to avoid paying Apple’s App Store commission fees by attracting gamers directly to mobile games like Candy Crush.
In 2020, Smith said some app stores create a far higher barrier to fair competition and access than Microsoft’s Windows did when it was found guilty of antitrust violations 20 years ago, and he shared his concerns with the antitrust subcommittee of the U.S. House of Representatives.
Those concerns centered on Microsoft’s internet-based gaming service, sold as part of its Xbox Game Pass subscription. One app would let users pay a monthly fee to Microsoft and stream dozens of different gaming titles from the cloud, aiming to do for gaming what Netflix Inc. did for video content. But Microsoft wasn’t able to launch the service as intended on iPads and iPhones because it failed to persuade Apple to loosen App Store rules forbidding all-in-one gaming services.
Apple eventually tweaked the rules to allow Redmond, Washington-based Microsoft to sell a cloud gaming service, but each game must be downloaded separately, defeating the purpose of an all-in-one solution. Now, Microsoft is rolling out the service on Apple devices via the web, generally a much less seamless experience than an app would provide.
Setting up for a earnings dump? ATVI saw a perfect rejection off a strong resistance area today, not a great sign for longs going into earnings.
If we get bad earnings report look for a dip to 73.94-66.59 support local support levels.
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ACTIVISION BLIZZARD: MY ENTRY AND EXIT POINTSI invested in Atvi in late 2017, unfortunately Microsoft has bought it and so, i preferred to sell instead to wait and hope for a major price.
It has been a turbulent journey, but I have gained.
ATVI: Sell the newsATVI is getting acquired by MSFT which caused an explosion in stock price and now has created a double gap fill opportunity. Puts are incredibly cheap for 3 weeks out. Expecting a move to $74 in the near term.
Not financial advice
ATVI Activision Blizzard buyout priceMicrosoft`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.
Activision Blizzard, Inc ATVIWOW: Words of Wisdom. 1: “Don’t teach pigs to sing. It wastes your time and it annoys the pig.” 2: “If you argue with an idiot there are two idiots.” 3: “Wisdom is scarce. Stupidity is infinite.” This is not the time to be arguing with pigs. Be wise.
$ATVI bouncing off LT Trend (5/5)Conviction: 5/5
General Thesis
bouncing off of medium-term channel support (since 2003)
Weekly RSI at historical turning point
Growth
Margins high and growing
growth is around 50th percentile
Value
P/FCF about 50th percentile
P/S about 66th percentile
Fundamentals
low debt/asset ratio
quick ratio above 5, can easily to deal with short term debts
Potential Risks
expensive market...
Activision (ATVI) Take profitActivision (ATVI) Take Profit
Time to take profit
After the news of the acquisition by Microsoft for nearly 70 billion dollars, Activision (ATVI) jumps to + 32% from the close on January 14.
If you followed me you will know that my average price was $ 70.71 and at the opening on 1/18, I sold the entire position, taking home the profit, with a gain of 22.64%.
Another good trade to start 2022, which saw me in drawdown for most of the trade.
Obviously, I'm not saying that I expected this, because my trading has always been transparent and visible to everyone, I am one of the very few who says things before doing them and if the reasons why I invested in Activision are well explained in previous posts, but clearly, I was expecting a reversal, even a violent one, but not a 32% gap up. This acquisition, which among other things adds yet another arrow to Microsoft's bow, was not expected and, as far as I'm concerned, I didn't even have any rumors.
A huge trade, therefore, it would have been even more profitable if the price had touched $ 55, where I would have mediated the price further.
Happy trading,
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
How deep can hell be? (ATVI) Updates
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 report the facts in relation to trading.
Nothing at an economic level, where the company has always been thriving and one of the most profitable, considering both the turnover from PC, console, and mobile gaming. In particular the mobile sector, many are not aware of, Activision-Blizzard is on the podium second only to Apple.
From a fundamental point of view, therefore, this important collapse is attributable only to the internal questio n, which, let's be clear, was handled very badly by the company and which above all does not seem to have taken important positions on the fact.
This behavior caused the price to fall below our September purchase price and to mediate, buying again in November at the price of $ 61.7 per share.
This brought the average purchase price to $ 70.71
Right now we are on the POC of the last 2 years, which makes ATVI even more attractive, even if to make a third entry I will wait for $ 55, which literally represents the last volume node of the value area of the last 2 years.
To enter we are already on a very important level, we are clearly talking about an undervalued company, which is at this level for certainly important issues, but which have nothing to do with its economic performance.
Obviously, the question must be resolved immediately, especially considering the relationship with investors.
Reasonably, it is clearer to say that the market has already heavily discounted the problem.
I close by saying that 2022 should be an important year, for the release of Diablo 4, Blizzard's historic franchise, as well as Overwatch 2.
Happy trading
Lazy Bull
_________________________________________________________________
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Microsoft ATVI Merger Arbitragewww.engadget.com
Microsoft just made one of the largest-ever bids for a game studio. The company has announced plans to acquire Activision Blizzard for $95 per share, valuing the all-cash deal at an enormous $68.7 billion. The deal would make the combined entity the "third-largest" game company by revenue, according to Microsoft, and would put titles like Call of Duty, World of Warcraft and Candy Crush under the company's wing. Microsoft plans to add Activision Blizzard games to Game Pass as part of the deal.
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The buyout is expected to close sometime in Microsoft's fiscal 2023 (no later than June 2023) if regulators and Activision Blizzard shareholders greenlight the move. The boards of directors for both companies have already approved the deal.
Activision Blizzard NASDAQ:ATVI stock has been hammered off its 2021 high amid scandals and the broader tech selloff. I've been an avid gamer and fanboy of Blizzard IP since I was a kid but I'll put all that aside and just look at this from the standpoint of a merger arbitrage opportunity.
What is a merger arbitrage? It is a trade that is a bet that the deal will go through as planned and the investor will be paid the final price of the shares. Microsoft announced that they will buy out all shares of ATVI for $95/share at the closing of the deal June 2023 at the latest. That means on the closing of the buyout every outstanding share will be purchased. If you have shares of ATVI now or buy them before the closing you will be bought out of them for $95. That is true if the deal goes through.
So the trade is that the deal will go through without any problems and any shares will be worth $95 at closing. At the current share price as of writing (89.92) that presents about a 16% premium. The question a trader should ask;
"Am I will to accept a return on my capital of 16% over 18 months... with the risk that the deal may not be approved by regulators or shareholders?"
Monthly Hidden Bullish Divergence Not financial advice Not financial advice Not financial advice Not financial advice Not financial advice
ATVI Merger Arbitrage - Risks and ReturnsAs a followup to my post earlier today I wanted to give some additional perspective on past Merger Arbitrages, both good and bad, using the Baxter NYSE:BAX buyout of Hill-Rom last year and the failed buyout of Rite-Aid NYSE:RAD by Walgreens NASDAQ:WBA in 2015.
Microsoft buys @ $95 per shareI would like to hear some comments, as I found this interesting.
Microsoft seems very confident in this deal. They have already welcomed the team to Xbox socially and they posted on their company website the details of the deal.
FEB $85 Calls are selling very cheap. And Microsoft is buying for $95 a share. It seems low risk, with a $10 upside.
What am I missing?
Do options get canceled on buyouts like this?
Will the sale take a long time to complete?
Thanks for any advice.
ATVI LongTrendline Break
At Support Zone
Entry 77.5
Stop 72
Target1 90
Target2 98
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
