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Activision-Blizzard Could Sell Off to 50 – FX Empire

Persistent selling pressure has now pierced major support at the 200-week moving average near 70.

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Inexplicably, Wall Street has chosen to ignore the controversy, posting a consensus Buy rating based upon 22 Buy, 6 Overweight, and 5 Hold recommendations. Price targets currently range from a low of $65 to a Street-high $125 while the stock is set to open…

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