Alex_Quiroga

Technology stocks for 2018 #5 (ATVI)

Long
NASDAQ:ATVI   Activision Blizzard Inc
Sector: Technology
Industry: Multimedia & Graphics Software
Activision-Blizzard, Inc. develops and publishes games for video game consoles, personal computers (PC), mobile devices, and online social platforms. The company operates through three segments: Activision Publishing, Inc., Blizzard Entertainment, Inc., and King Digital Entertainment. The company develops, publishes, and sells interactive software products and entertainment content through retail channels or digital downloads; and downloadable content.
www.morningstar.com/...xnas/atvi/quote.html
www.marketbeat.com/stocks/NASDAQ/ATVI/

I share this ideas based in charts or technical stuff.
But the decision to pay 69.49 for share, with a PE Ratio of 193.03. It's not in my hands, is not my job determine if the stock overvalued.
The reason because I share constantly this kind of ideas is based in (Price Action) and the opportunity to make money trading with stocks. And price action is always what is needed.
The decision to pay the price of the stock is decision of traders and Investors.
I am Not a Trader, I am Analyst and Stock Picker.
My ideas are easy to understand, I did not try to persuade with the use of perplexing charts and sophisticated financial jargon.
*Trend Following
*Price Action
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