Activision Blizzard Inc (ATVI) – stock is trading around $56.36 dollars as of November, 07, 2019 and offering a possible buying price between $55.59 – $58.37. Let’s look at the stocks technical actions using a weekly chart.
2. The stock staged a negative reversal with 200 – 50 day moving average cross over back in November 2018.
3. After a running the downtrend for a while, the stock finally breakout in September.
4. The stock went into a consolidation sideways move after that.
5. The stock also staged the 50 -200 DMA bullish crossover during the consolidation and also tested the 50 DMA support.
6. The stock is offering possible buying price between $55.59 – $58.37, with a stop loss at $51.14.
This stock is already part of the Stocks Under 100 Dollars pick and performance will be tracked here .
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