Activision (ATVI): Share price defining bullish 'flag' formation - Larry Schutts

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1 pt	Activision (ATVI): Share price defining bullish 'flag' formation
	May 20, 2008 11:00 AM UTC

Larry Schutts

Return	Risk
-0.78%	LOW

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Symbol	Sentiment	Start	Return	Closed
MSFT	n/a
ATVI		05/20/08	+1.17%	--
SNE	n/a

Via BloggingStocks:

Filed under: Earnings reports, Analyst upgrades and downgrades, Microsoft (MSFT), Sony Corp ADR (SNE), Activision Inc (ATVI), Technical Analysis, Stocks to Buy

Activision (NASDAQ: ATVI) is a leading developer, publisher and distributor of interactive entertainment and leisure products. Offerings include such action titles as Tony Hawk's Underground, Doom, and Call of Duty. The firm also makes games based on licensed properties associated with the films Star Wars, Spider-Man, X-Men and Shrek. Activision games operate on Sony (NYSE: SNE), Nintendo and Microsoft (NASDAQ: MSFT) console and portable devices, as well as on personal computers. The company agreed to sell a 52% stake to Vivendi late last year, in a deal valued at $9.8 billion. Activision will be combined with Vivendi Games, to create the world's largest independent video games company.

The firm surprised the

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