Activision Blizzard Inc
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On Watch for 2/4 - 2/8

102
ATVI is headed south to retest what appears to be resistance around $45.50. This has been beaten down for months and has found a consistant bottom here around $45 and for the past few weeks has formed a nice consolidating wedge.

Look for the restest and bounce off the lower band of resistance before entry. Keep an eye on RSI to curl up.

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