JamesCryptoGuru

LONG EA AT $91 (YESTERDAY) MY THOUGHTS, PLAY AND TECHNICALS

Long
NASDAQ:EA   Electronic Arts Inc.
In short term EA is showing recovery, i opened a LONG at $91 with target of $109
Currently at 30% discount from ATH of $150

Market is looking bullish with trade deals coming into place,
coming into holiday season and EAs upcoming release of battlefield 5
im looking for a strong push up to previous strong support of $110 before taking 50% of trade and letting remainder run

Ea technical

Monthly
Supports
$41
$61
$74
$85.29

Resistances
$140
$127
$120
$117.84
$104
$95

RSI
mid range, headig down

MACD
Crossed over, high 13s
heading down, open band

Daily
Support
$86
$88.29
$91.52

Resitances
$95.53
$100.88
$104.63

RSI
Bottomed out, turning up

MACD
bottomed out, still open
looking for a turn and cross over

1 Hour
Supports
$90.66
$93.37

Resistance
$95
$98
$104
$110
$121

RSI
mid range, upward trend

MACD
Upward tren with open range
showing strength
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