Trend's Your Friend, Until The End When It Bends

This 2 year trend has rebounded the price 4 times previously, so by probability it could happen again. We're touching the 200 day MA which is one of my favorite points to buy if the stock is in a strong up trend. The gaming industry is only going to get stronger imo, there's always huge demand for it. Activation stock price is currently in a similar situation, so it wouldn't be a bad idea to split your entry position between the two. Of course there are no guarantees and both could plummet.

*** This is purely educational and not financial advice.

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Activision Chart

Commentaire:

The trend did unfortunately bend.