Wednesday, November 05, 2008

ATVI Earnings

Very good earnings call... considering that Blizzard has yet to push out the titles of holiday season i consider that at this prices this stock is really really undervalued.
STRONG BUY confirmed, bought more and i will not sell until 30 USD.

Market action today was corrective... sell the news enviroment with the election rally.

I think now we will be in a lateral consolidation that could test 900 level potentially... and the trading range after the test could be very large.

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