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Activision Blizzard Could Surprise on the Upside If We Close Above $50

Bruce Kamich

In this daily bar chart of ATVI, below, we can see that prices were cut in half form early October to February. The On-Balance-Volume (OBV) line has drifted up from a February low and suggests that buyers of ATVI have returned. In this weekly bar chart of ATVI, below, we can see that prices are still below the declining 40-week moving average line.