𝘼𝙘𝙩𝙞𝙫𝙞𝙨𝙞𝙤𝙣 𝘽𝙡𝙞𝙯𝙯𝙖𝙧𝙙 𝙬𝙝𝙚𝙣 𝙩𝙤 𝙗𝙪𝙮?I am an old World Of Warcraft player (ravencrest:). Blizzard makes up about 30% of income $ATVI (Activision Blizzard, Inc.) .
I know a lot about their products: WoW, Warzone, etc. And today I will talk about ATVI not only from the side of chart analysis.
𝙎𝙤𝙢𝙚 𝙞𝙙𝙚𝙖𝙨:
📉 Shadowlands was good on start - against the background of the past sh#t BFA. It was a breath of clean air. But it's still sh#t expansion without new and exciting content.
- I see here a good correlation with expansion success like "Legion" and the price of a company.
📉 Warzone was good on start :) Nowadays it's not in the top 5 twitch. Pubg and Fortnite are more popular. Also, we have Valorant and APEX.
📉 Negative news background: courts, complaints, layoffs.
📉 On M chart we are under 50 MA.
📉 Still far from 200 MA
𝙎𝙤... 𝙬𝙝𝙖𝙩 𝙄 𝙚𝙭𝙥𝙚𝙘𝙩 𝙛𝙧𝙤𝙢 𝘼𝙏𝙑𝙄 𝙖𝙣𝙙 𝙬𝙝𝙚𝙧𝙚 𝙄 𝙨𝙚𝙚 𝙨𝙤𝙢𝙚 𝙥𝙡𝙖𝙘𝙚𝙨 𝙩𝙤 𝙗𝙪𝙮.
✅ We have a support line on 57.54$. Here you can invest a very small amount. It's risky.
✅ Next one is price ZONE 42$-50$. It's a good spot to invest. With normal SL and risk ratio.
✅ 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.
