Showing currently pulled back over 30%, this was due to the fact of still sales uncertainty due to fortnite showing such a impressive share of market place. But we have a little more to add. World of warcraft was a poor performer. Overwatch didn't do so great. The only thing showing returns growth returns for Activision. Is Call of Duty in game purchases showing +6% for Quarter 1 this year. Now, I still believe this sell off is overdone. People are not buying titles with games like Fortnite peaking interest.
Because publishing Developing companys are under performing on video game expectations. Once they set some plans to deliver more enjoyable products to peak consumer interest.
Activision will again thrive long term. 52week high 84.68 52week Low 39.85. Current 44.60
Sentiment Bullish. For Hold.
Technicals show potential buying. And potential mental stop.
Because publishing Developing companys are under performing on video game expectations. Once they set some plans to deliver more enjoyable products to peak consumer interest.
Activision will again thrive long term. 52week high 84.68 52week Low 39.85. Current 44.60
Sentiment Bullish. For Hold.
Technicals show potential buying. And potential mental stop.
Trade active