EA - Bullish UPDATEHey guys. Been keeping my eyes on EA, as im currently trading it. Thought id do another update. Do check out my other charts on EA to see what ive been seeing last couple of weeks. So just a quick update. This is on the daily chart. But it seems to me like we are starting the bullish divergence move to the upside. TOdays daily candle close will give a nicer picture on whats to come. But as of now, 2 hours before closing time -> We have ourselfs a BULLISH ENGULFING CANDLE. This would be amazing to close like this out of the downward sloping channel i have drawn out. Just a heads up we may even test support on the upper trend line of the downward channel i drew. So we still have time to buy positions. Stop loss would be below the lower Red horizontal support line. Around the $108.00 levels. A 5-6% risk is the max im willing to take. SO im looking at the red resistance line above us, as my first target. My next target would be the MACRO .618 fib level (check out my other charts to see the level) AND ill hold a little bit of my bag to see if the GAP we have fills. I will be adding more to my position today and or tomorrow. Hope this helps. PLease comment, boost and follow me for more ideas like this and a place where we I talk TA. Check out my other analysis on EA to get more information. Disclaimer: This is not financial advice. The ideas expressed here are my opinion and a place to express TA to grow my understanding. Always make sure you have your own strategies in place when trading and that you protect yourself with stop losses. Longby SafofAllTrades1
EA - Bullish candlestick pattern?Hi guys. Heres another update on EA. Since im in this trade, i will constantly give updates when i see a development occuring. This is going to be on our current price action that occured on friday. This is on the daily timeframe. So we ended up breaking below the downsloping trend channel and major resistance red horizontal line. Note: If we confirm below this, it means the trend has changed, we will most likely drop in price further. The red horizontal line will act as resistance causing the push down in price, alng with the lower end of this downsloping channel. However note, there is only 1 candle below this. SO technically this has not yet confirmed a breakdown from this. We must have patience. AS far as im concerned this trade is still in play. ALSO note, the candle pattern. I believe, correct me if im wrong. This is a SOUTHERN DOJI. Normally when this appears its known to be a BULLISH reversal pattern. But it is also noted by many experts that dojis can lose their potency in a decline. So its not a stand alone candle pattern to be used. Therefore, we need to see what plays out next week, and what the next couple of candles print. Ideally we would like to go above the red horizontal line and lower end of downward trend channel. I would also like to see big bodied candles to close above the mentioned lines. Hope this helps. Please comment, boost and follow if you like this content. I will continue to update. ALso check out my other EA charts, posted below. Disclaimer: The ideas expressed are my own opinion. This is not financial advice. by SafofAllTradesUpdated 221
Electronic Arts: Pushing the Right Buttons 🎮Electronic Arts has been pushing the right buttons and has made fine use of our pink trend channel, finishing waves (a) till (e) in violet. Indeed, the course has already made further progress, touching at the support at $109.27. Next, the share should gain even more downwards momentum and drop below this mark to complete wave B in turquoise. Afterwards, we expect Electronic Arts to climb above the resistance at $150.30 to conclude wave C in turquoise as well as wave (B) in red. Subsequently, the course should start a long journey to the south, falling back below $150.30 and below the supports at $109.27 and at $73.91. There, it should enter the green zone between $64.44 and $40.83 to finish wave 2 in green before turning upwards again.by MarketIntel0
EA - Price Action Update (daily)Hi guys. This is an update to EA, as ive been monitoring it closely. This is purely a TA post. Lets jump right in. This is on the Daily Timeframe. Price action tested the major red support line that has been major support since April 2020. We saw a strong bounce up indicated by the lower shadow of the candle. We also played support on the lower trend line of this down sloping trend channel, that we've been in for about 2 weeks. As long as we don't break below and confirm below the down sloping channel and horizontal support line, this is still in play as a trade. Also after a price drop, i would rather be in a downsloping channel than an upsloping one! We need it to break above this trend channel and confirm above. ANd i would say that it could be a solid entry point with stop below the red horizontal line. I have also added an indicator im also monitoring closely, The RSI. In my previous posts i mentioned that we are showing bullish divergence and confluence among 3 of my favorite indicators. This is still in play, thought the RSI broke my initial divergence trend, as long as we stay above the horizontal orange support line i drew, we keep a higher low and it still indicates that bullish divergence will play out. WHich is an uptrend. I think overall we are showing some level of consolidation, and it makes sense since we had a massive tumble in price quite recently. I hope this update helps. Please let me know what you think with a comment and do like/follow if you like this content. Check out my other ideas in different timeframes on EA below! Also Disclaimer: This is not financial advice and i am not a financial advisor. I am just a student of the charts. Thanks.Longby SafofAllTrades1
EA - Bullish Divergence on Daily.Hi guys. Ideas on this post are my own opinions and for educational purposes as i try to express my thoughts. This is by no means financial advise, as i am NOT a financial advisor. Lets jump in. So this is an update on the Daily timeframe. I am still long unless proven otherwise. Infact the Daily is more powerful than the 12hr and 8 hr. We are curretly below the the 0.5 FIb level. The end of this week needs to have a close above with confirmation. So watch the weekly as well! On the Daily we broke out of this short term white downward trend line pushing price down. And the price action currently in this area seems like consolidation to me. Alot of volume, bigger candles than previously seem on intermediate term also seen. Bullish Divergence is still intact. Where price action is pointed downwards but indicators are pointing upwards. I got 3 indicators showing confluence on this divergence. STOCH RSI, is crossing above the 20 level, momentum could pick up! Keep an eye. For places to sell, keep an eye on: 1. Red trend line above us 2. 0.618 fib 3. Price Gap Hope this helps. Let me know what you think! Like, Comment, Follow for more of my ideas! Thank you for your time! DIsclaimer: This is not financial advise, i am not a financial advisor. The ideas posted here are my opinion only.Longby SafofAllTradesUpdated 2
$EA with a bearish outlook following its earnings #Stocks The PEAD projected a bearish outlook for $EA after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%. Shortby EPSMomentum0
EA - coming alive on 12 hrHi guys, this is an update to my previous idea. This is not financial advice, this is for educational purposes. Im still long on EA and am stillin a position. Ive been looking at lower time frames to see if anything picks up. Target is still the same, the .618 fib retrace and the gap fill. RSI forming a higher high (breaking white trend line) and the yellow MA, making me think the bullish divergence is starting its move. Stoch RSI is also crossed above the 20 level, indicating momentum picking up! Looking for the mACD cross to validate further that momentum is picking up. Longby SafofAllTradesUpdated 1
EA - A long play for the short termHi Guys, been trading quite frequently recently. Thought id post this to help with my education. :) This is strictly for educational purposes and by no means financial advice. But as a gamer myself and having familiarity with this stick. Thought id post this potential trade. (Which i am currently in) This is strictly TA based. So this is on the 8 hour timeframe. But i took this trade because the daily is oversold as well on many metrics i utilize which ill discuss here. So as you can see the price had a major engulfing candle down to the level of .5 fib retracement that incorporates price action since July 2018, highlighting this long term sideways action. Price action is now starting to move above. Indicating buying pressure at this level. (indicated by the lime green line) It also reached near this support red line that has been support since roughly April 2020. Also notice the green box highlighting the red engulfing candle, this refers to the GAP in the daily, that i believe we will trace back up to. Indicators: Now notice the RSI, is oversold, forming bullish divergence with price. (its also oversold on the daily) Now the next 3 are momentum indicators: MACD showing signs of increased bullish momentum. ADX showing bearish momentum, i would wait for a cross of the green line but since im treating this trade as a swing trade, i went ahead and opened positions. Since my MACD , STOCH are nearing end of bearish momentum and RSI is oversold. Stoch RSI also close to crossing over the 20 level which indicates bullish momentum picking up. Overall my target here is around $128. My stop is below the RED SUPPORT LINE. Hope this was insightful. Let me know if yall are in this trade too and if so what your seeing! Lets discuss TA :D. ****Again this is not financial advice and remember to use stop losses when trading. Thanks. SafLongby SafofAllTradesUpdated 112
Long EAprice above all MA, near strong level (and bears' stop losses), once we break level it will go accelerated by short squeeseLongby dilp79Updated 0
$EA with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $EA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 77.78%. Longby EPSMomentum0
Sideways Moving Buy Strategy EAStrategy to make purchases on lateral movements supported by Bollinger bands, 200 moving average and price supportsby jorgeasr70
$EA with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $EA after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%. Longby EPSMomentum0
Cup and Handle - For long term investingEA has a very good relative strength - didn't got hurt by the current bear market. It is to be expected to shoot up in the next bull market. Cup and Handle pattern - is clearly seen.by ZoharCho116
$EA profit opportunity Signals that indicate a bullish trend for the next days, as always with these simple signals I only expect at least 5% profit Control your own risk. I don't give buy signals, I show simple ways to identify the signalsby icheeetah1
EA - Common StructuresViewing similar structural formations at different points in time on EA This is enhanced by the fib circle, which allows the view of a larger up move following the yellow (1) formation in circle. Red is a double top. White are double bottoms. Along with yellow which are also double bottoms, but are closer to the break out point for the bulls. by Bixley1
Watch $EA for a BUY (Break-out)Watch $EA and above red line is a break-ot buy! Resistance @134.11 from a trend line in the daily time frame. A resistance zone ranging from 139.01 to 143.14. This zone is formed by a combination of multiple trend lines in multiple time frames. Watch the stock above day resistance @134.11. Longby swingstocktraders0
ea tech stock big short are coming on stock market , and if u knoe about market cycle u know what am i thinking Shortby bosfiqfx81
How to make an easy 7% profit just with newsI had forgotten to post this yesterday, but it seems interesting to me how some news always works in your favor if you know how to use it Shortby icheeetah1
EA Iron Condor Idea for a 9/30 ExpirationEA IRON CONDOR IDEA CREDIT: Looks to be around $40-45 right now. Collateral: $500. 9/30 EXPY (39 days). $155 long call strike price. $150 short call strike price. ------ $110 short put strike price. $105 long put strike price. Short Strikes allow for approx. 18% up and 18% down from current price (as of 8/19 close). by zach66670
$EA with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $EA after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%. Longby EPSMomentum1
EA Sports "It's in the shorts"Will EA Fall in previous fashion during this down turn? let's find put! I mean out! :)Shortby UnknownUnicorn79478290