This could be a higher low compared to August.This could also be a 1 year higher low.
Financials are still great, stock only dipped because some sexual harassment allegations. Activision is becoming complacent, but America hasn't stopped buying every call of duty for 10 years. If you ever played a call of duty, you know the core audience doesn't GAF about sexual harassment, rather scream in the mic about doing your mom. Only the rich radical left short the stock, because they want to punish the company, over stuff they themselves do.
It could still retreat to $50 as we enter a more bearish market. But it could bounce here. So small entry here, buy at each fib down, sell a little at each fib up. Should jump back up by next earnings, if it doesn't rebound off the fibs.
Financials are still great, stock only dipped because some sexual harassment allegations. Activision is becoming complacent, but America hasn't stopped buying every call of duty for 10 years. If you ever played a call of duty, you know the core audience doesn't GAF about sexual harassment, rather scream in the mic about doing your mom. Only the rich radical left short the stock, because they want to punish the company, over stuff they themselves do.
It could still retreat to $50 as we enter a more bearish market. But it could bounce here. So small entry here, buy at each fib down, sell a little at each fib up. Should jump back up by next earnings, if it doesn't rebound off the fibs.