EA Ready For Higher Prices?
With the stay-at-home orders still in place and many spending majority of their time at home, video games are seeing a surge in player activity. EA seems to be moving and "potentially" formed a Cup & Handle pattern. Would like to see a confirmed break above the $128 resistance on the daily chart, then a weekly close above $147.
Note
We're approaching the $147 target, so far price has been gravitating toward the resistance level smoothy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.