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itshabib
Feb 8, 2021 5:50 AM

ATVI looks suspicious Short

Activision Blizzard IncNASDAQ

Description

Seeing big divergence with the ChaikinOsc and price movement. Seems very fishy. They also missed earnings so want to watch closely here to see what happens.
Comments
arrexander
I think you're right. They lost roughly 50% of WoW subscribers and this EPS didn't truly reflect it. They had numbers through December to prop earnings and it still came short. Nothing new that costs money releasing before June so I can't imagine their earnings will improve.
OceanFire866
Great long term prospects but it does seem over bought
brob99
EPS was a beat at $1.21 other source.
ramzulqarnain10
Its too volatile. Charts is scary
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