$ATVI – New Gaming Opportunity

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Updated: 13 April 2020

ATVI (Activision Blizzard Inc) is the company worth following. As the corona crisis picked up, we are seeing more and more potential online game players which a good sign for this company. Technically it is trading well vs its 52w highs and on daily chart has a nice Cup and Handle pattern forming. It held well the sell-off drop and now it’s not so far from where it was before the breakdown. Will consider 62.50 as important level to break for a move further into 65+.