ATVI BUYERS ARE BACK, Ascend next...

JSAL Updated   
NASDAQ:ATVI   Activision Blizzard Inc
ATVI accumulation is definitely ON. Net buyers has started positioning for the last 4 days at the 75 ish area...

Buying volume has started increasing significantly on a daily basis.

Expect some bounce from here on.

Here are the financial results for the last quarter -- and ATVI has been bringing the goods so far.


Quarterly financials
MAR 2023

(USD) Mar 2023 Y/Y
Revenue 2.38B 34.79%
Net income 740M 87.34%
Diluted EPS 0.93 86%
Net profit margin 31.05% 38.99%
Operating income 800M 67.01%
Net change in cash 2.18B 301.66%
Cash on hand - -
Cost of revenue 665M 38.83%
Trade active:

ATVI has increased its valuation quite nicely from the 77 spotted range back in May.

Price ascend continuation is likely:


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