Predictindex

ATVI Q2 ER Trade (July-Aug-Sep)

Long
NASDAQ:ATVI   ACTIVISION BLIZZARD INC
Q2 is expected to be good
1.New game on Crash Bandicoot sales
1.1 COD Pre-order sales
2.Frequent new contents(events)/ New updates on current games ->Increase playtime & Money gripping deals
3. Time Circle Advantage -> Summertime (Kids & Teens are able to spend more time & parents' money on their games)
4. Overwatch viewership has gone up since the last quarter

Current price action:
-Investors are waiting for sales number and breakout at $50
-Any major good news will fuel the trend and start going up to fill the gap
-Short-term trading investors are using EA /Market Index as an indicator to day-trade

Give it some time on ATVI , you will be surprised.
Upcoming games are also money gripping products.

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