Gaming stock remain on fire, despite the pullbacks and downgrades due to EA delaying their game release. Now that gaming stocks had a chance to reset - they still remain very bullish with significant upside going into the holiday seasons AND more games coming. Speaking of games... I flew out to LA for the Call of Duty 4 release and it was the most incredible experience!!! My son and I also just finished up playing our beta for 3-days on PS4.
15 Minute chart hitting some resistance, but ready to run up. 74.56 is next target.
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ATVI is looking great. From a longer-term point of view, turning the 73.62 into support should launch ATVI back into an uptrend after it consolidated nicely with a bounce off longer term support (following same pattern as this past April).
I've been bullish ATVI for many years.
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October 4th is the #callofduty4 release, fyi.
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Activision Blizzard, Inc. (ATVI) going to run! Been calling it for several weeks now.
Highly-Anticipated Call of Duty: Black Ops 4 Blackout Beta Now Live, First on PlayStation®4.
The Blackout Private Beta* schedule is as follows:
PlayStation 4: Monday, September 10th at 10 am PT – Monday, September 17th at 10 am PT (PlayStation 4) Xbox One and PC**: Friday, September 14th at 10 am PT – Monday, September 17th at 10 am PT (Xbox One, PC) Saturday, September 15th, 10 am PT – Monday, September 17th at 10 am PT (PC Open Beta only)