Activision activated at 40$ all the way to 60$

Hey everybody,

the gaming market had a really rough two month and it was all a reason of the fear of fortnite and its free game play with massive player community.

EA Sports, Take Two and Activision Blizzard got beaten down and I was lucky to grab a position at the gap close at 40$. I was looking at it before but was instead of greedy like in the past, I was really patiently waiting for it. And boom there it was on monday or tuesday.

I will hold until around 60$ to close this gap from its big drop a few weeks ago and look at its behavior. The future will be challenging but I think they will get it clear that nobody is waiting for diabolo mobile games and concentrate on the core power like call of duty or overwatch with free plays and integrating monthly subscriptions for constant cash flow.

If it will drop again I will take a second position at around 35$ after the 60% drop from its all time high.

Just my opinion so make your own research

And like always

May the markets be with you