Electronic Arts Inc.
Long
Updated

When the game is a quick flip, EA long at 149.27 for the win

82
As mentioned in the text box, this setup has done very well in the last 12 months with EA. But in addition to that historical performance, the uptrend since January is still intact, and the recent April pre-breakout highs are now acting as support.

The idea here is a quick flip, though I may or may not use FPC on this one depending on market conditions. If the flip ends up not being quick, I'll potentially tactically add to the position.

As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.


Trade closed: target reached
Closed the position at 151.54 - a 1.52% gain in 4 trading days.
Note
Trade summary for my records

Wins 1 Losses 0

Avg. gain per lot = 1.52%
Avg. holding period = 4 trading days
Avg. gain per lot per day held = .38%
Annualized RoR = 96%

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