NASDAQ:ATVI
Breakout on an ascending triangle of continuation. Activision Blizzard is a leading gaming company that grew 600% from early 2013 to September 2018, and then, due to too many expectations about unearned profits, there was a price decline of 50% in a time frame of only three months. An interesting opportunity to come back and ride a possible new...
ATVI has been in a long-term rounding bottom formation. The first attempt to complete the bottom failed, but another attempt is underway. Normally, it takes 3–5 attempts to complete a bottom of this duration.