Activision has a nice high-volume support node at 47 and has been holding above that level today. On the 1-minute chart it's moved above its 50 MA and looks like it will rise the rest of the day.
Activision is in the software sector, which is outperforming the S&P 500 right now. It's also gotten into esports, which is extremely hot.
Activision is in the software sector, which is outperforming the S&P 500 right now. It's also gotten into esports, which is extremely hot.
Note
It slipped, and I stopped out just beneath the previous low of the day.Note
46.75 is the next support node and my next buy target for a bounce.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.