Activision has a nice high-volume support node at 47 and has been holding above that level today. On the 1-minute chart it's moved above its 50 MA and looks like it will rise the rest of the day.
Activision is in the software sector, which is outperforming the S&P 500 right now. It's also gotten into esports, which is extremely hot.
Activision is in the software sector, which is outperforming the S&P 500 right now. It's also gotten into esports, which is extremely hot.
Comment:
It slipped, and I stopped out just beneath the previous low of the day.
Comment:
46.75 is the next support node and my next buy target for a bounce.