Los Angeles, CA ---December 21st, 2007 ----Tony Golan, Chief Technical Analyst with StockProfit.com, has issued a Technical Trading Alert on Activision, Inc. (NASDAQ: ATVI).
According to Mr. Golan, “ATVI is starting a strong new long-term up-trend. The stock is making higher highs and higher lows above a rising 200-day moving average. Relative Strength Differential (RSD), our proprietary indicator for selecting super-strong stocks, is well above the 25% threshold, indicating the up-trend in ATVI is moving substantially faster than the S&P 500 and the stock can therefore be considered as a candidate for a buy.”
bought it 2 weeks ago and already did about 12%. so far looks good.
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