$ATVI - RC -
Added 2023-08-05 19:08:39 +0000 UTCThe trend here is clear but if we look at all the analysts who reported in July, every one of them downgraded $ATVI....we saw this with $SOFI too, in spite of its upwards trend.
I know the UK authorities have been delaying the acquisition of $ATVI to $MSFT but the fact remains, $MSFT see a lot of value here and see a promising integration into their ecosystem and $MSFT have been ahead of many of the Mega Caps when it comes to acquisitions lately.
A break above the previous high at $104, and then above the yellow trend line at $110 would put this into the bull case and the impulse wave is confirmed.
