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Long

ATVI looooooooooongmaaaaaan!

NASDAQ:ATVI   ACTIVISION BLIZZARD INC
I can't see $ATVI going down anymore than it already has. Sure - the world of gaming has changed, but I'm sure ATVI woke up to that realization pretty quickly. It has been 10 years since they had a serious shakeup, and last time I looked, 2008-2009 was a huge shift for them. They are going to shift hard again just like they did last time, Bungie is gone, opposite of what they did where Activision and Blizzard merged. Still, there is a major shakeup.

We're talking mobile baby! We're talking microtransactions and money coming in for buying skins instead of new games. Expansion packs are cheap to introduce. Reskin and resell old titles as new has been their motto for quick cash fixes. No more though, the future if mobile. And if they want to capitalize, they have to put out something NEW and EXCITING for the mobile world.

RSI is oversold
MACD is crossing over
Vortex indicator is (+) trending UP and (-) trending down/flat.
and that autofib is saying half way zone just like in 2008. All of these looks tooooo familiar.
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