clear symmetrical triangle. been coiling up here. key resistance 81.88 however we really just need to cross 81.60 as first barrier to start this bullish move up. it looks it has been really tightening in this consolidation here and the next move will be explosive! as long as price remains above 80s we are set. first target 87$
80.79 as support area.
Bull flag forming. Microsoft invested at buy at 95$
Brerkshire bought some back in October.
The ceo of Activision is gone.
The market is just taking a decline because of the tensions between Russia and Ukraine
Latest news here .
With more people having to stay at home, they will get bored after the initial newness....Some said that this Covid-19 will drastically change the consumer behaviour and when things are back to normal, we cannot expect them to be the same they were.
I don't know about that since I am still doing my run and swim on alternate days and 80% of...
Microsoft Lays Out New App Store Rules as It Seeks Approval of Its Activision Deal
Microsoft Corp. began to make the case in Washington for its purchase of game giant Activision Blizzard Inc., laying out new data-collection, competition and payment policies for its Xbox and Windows software stores that it says address regulators’ broader concerns about rival app...
ATVI saw a perfect rejection off a strong resistance area today, not a great sign for longs going into earnings.
If we get bad earnings report look for a dip to 73.94-66.59 support local support levels.
like and follow for more! 💘
I invested in Atvi in late 2017, unfortunately Microsoft has bought it and so, i preferred to sell instead to wait and hope for a major price.
It has been a turbulent journey, but I have gained.
ATVI is getting acquired by MSFT which caused an explosion in stock price and now has created a double gap fill opportunity. Puts are incredibly cheap for 3 weeks out. Expecting a move to $74 in the near term.
Not financial advice
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.
WOW: Words of Wisdom. 1: “Don’t teach pigs to sing. It wastes your time and it annoys the pig.” 2: “If you argue with an idiot there are two idiots.” 3: “Wisdom is scarce. Stupidity is infinite.” This is not the time to be arguing with pigs. Be wise.
Conviction: 5/5
General Thesis
bouncing off of medium-term channel support (since 2003)
Weekly RSI at historical turning point
Growth
Margins high and growing
growth is around 50th percentile
Value
P/FCF about 50th percentile
P/S about 66th percentile
Fundamentals
low debt/asset ratio
quick ratio above 5, can easily to deal with...
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%....
The hard times continue for the company that created Diablo (which knows about hell), which has lost 45% from the highs of February 2021.
We are not that far from the bottom hit during the first wave of covid in 2020.
We all know the reasons: the investigation into the sexual harassment of an employee. It is not my interest, to go into the merits, I simply...
www.engadget.com
Microsoft just made one of the largest-ever bids for a game studio. The company has announced plans to acquire Activision Blizzard for $95 per share, valuing the all-cash deal at an enormous $68.7 billion. The deal would make the combined entity the "third-largest" game company by revenue, according to Microsoft, and would put titles like Call...
As a followup to my post earlier today I wanted to give some additional perspective on past Merger Arbitrages, both good and bad, using the Baxter NYSE:BAX buyout of Hill-Rom last year and the failed buyout of Rite-Aid NYSE:RAD by Walgreens NASDAQ:WBA in 2015.
I would like to hear some comments, as I found this interesting.
Microsoft seems very confident in this deal. They have already welcomed the team to Xbox socially and they posted on their company website the details of the deal.
FEB $85 Calls are selling very cheap. And Microsoft is buying for $95 a share. It seems low risk, with a $10 upside.
What am I...
