Microsoft`s buyout of Activision Blizzard is for $68.7 billion, so $95 per share.
If the deal will work out, you are getting ATVI shares at an important discount today!
Looking forward to read your opinion about it.
Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Activision Publishing, Inc.; Blizzard Entertainment, Inc.; and King Digital Entertainment. It develops and distributes...
Activision (ATVI) Take Profit
Time to take profit
After the news of the acquisition by Microsoft for nearly 70 billion dollars, Activision (ATVI) jumps to + 32% from the close on January 14.
If you followed me you will know that my average price was $ 70.71 and at the opening on 1/18, I sold the entire position, taking home the profit, with a gain of 22.64%....
ATVI is down 45% from all time high.
They are currently close to a major support level.
BlueWave gave a nice Green Dot buy signal, but I would only enter once the break the downtrend line they're currently in to make sure that we're in a trend reversal.
Long-term diagonal trend line Support is about to get tested for the 10th time, bounced every time.
Price approaching a FIB confluence level of 0.786 (a retracement of the last leg up) that started FEB 2019,
Momentum divergence on RSI and cross over on MACD,
Ichimoku cloud on the monthly chart shows price bounce from the cloud, will it repeat this...
More bad news dropped Activision last week... looks like this stock can't catch a break. However, we are still sitting on major channel support as well as the 78.6% Fib. I'll still buy the fear while 99% of others are mega bearish.
Beautiful chart, terrible timing. Activision reports earnings on November 2nd, therefore I will wait until after to consider a position. With that aside, the chart looks amazing. Headed into a possible wave 3 with target at $87 as long as $76.25 holds.
Might be worth an earnings lotto if you're into that.
Activision - Blizzard Update
After entering $ 78 in September, the price dropped almost to my second limit order at $ 71, and then began what could be a bullish phase.
The price bounces right on the POC of the last 18 months and then shows strength on Thursday.
The Earnings next week could give the definitive answer and in practice, I will cancel the limit...
Activision Blizzard is once again at the channel resistance. Additionally, there is an inverted head and shoulders.
We can expect a retest of the Neck line at the point of its intersection with the support line (about $ 75).
According to the indicators, we have a bullish background.
I put the stop loss level at $ 69.8 (-11.5%) - slightly below the round...
One of my favorite swing setups this week. Activision formed a large falling wedge on this most recent pullback from all time highs. Since then, we have broken out and moved slightly higher but I don't think we're anywhere close to being done yet.
Here is my trading plan. I am interested in taking the suggested calls above $81 with volume; ideally seeing a daily...