Price is currently forming what looks like a bull flag pattern. If prices can break higher above $100, that should be a good indication of possible bullish momentum. Hwever, traders should exercise extreme caution and proper risk management as the last bull leg stopped abruptly, signalling the presence of sellers at every corner of this market!. Here is how i...
NASDAQ:EA Electronic Arts Stock - Nasdaq (USA) Profit:Risk = 1.37:1 --- Buy = $94.50 Take Profit = $99.30 Stop Loss = $90.99 ------ Take Profit = +5.08% Stop Loss = -3.71%
NASDAQ:EA Electornic Arts, Inc Stock - NASDAQ (USA) This deal Profit:Risk = 2:1 ------ Buy = $97.85 Take Profit = $104.90 Stop Loss = $94.33 ------ Take Profit = +7.20% Stop Loss = -3.60%
Just An EA idea due to APEX. Do not trade based off of this I am just doing this one for fun.
Great technical stock. Confirmed trend line with a break and perfect 78.6%. Good opportunity to sell now on the bounce of 200SMA. Entry on smaller time frames. Company is successful in gaming industry and earnings are usually surpassed.
I previously explained the fundamentals on why EA is a strong BUY for a Swing-Trade. We could go back to the $130 level. Here we have a nice triple bottom pattern that could lead to a nice breakout - supported by the release of the new Battlefield game. If price doesn't break resistance, we could see a retest of the resistance - but it is unlikely.
Fundamentals - EA dropped more than 13% in two days following the announcement of delays in the release of the new Battlefield game despite EPS and Revenue still really strong. I believe that market overreacted and that buying this dip is a good short-term outlook for a 5-10% gain. In addition, Bloomberg published a review indicating that this small delay is not...