ATVI accumulation is definitely ON. Net buyers has started positioning for the last 4 days at the 75 ish area...
Buying volume has started increasing significantly on a daily basis.
Expect some bounce from here on.
Here are the financial results for the last quarter -- and ATVI has been bringing the goods so far.
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Financials Quarterly financials MAR 2023
(USD) Mar 2023 Y/Y Revenue 2.38B 34.79% Net income 740M 87.34% Diluted EPS 0.93 86% Net profit margin 31.05% 38.99% Operating income 800M 67.01% Net change in cash 2.18B 301.66% Cash on hand - - Cost of revenue 665M 38.83%
Trade active
MACRO VIEW: TRI-MONTHLY DATA.
ATVI has increased its valuation quite nicely from the 77 spotted range back in May.
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