EA TRIANGLE PATTERNIt looks like triangle pattern.
If it can pass the green line, it may start the movement.
Red is support line.
This is not an investment advice, it is a note for myself to follow up.
Electronicarts
$EA - good entry soon also good dividendEA on big range, approaching key level - Confluence with 200 DMA + GP. I like entry around that level if we get there.
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.
EA path and directionHello everyone
This is my Electronic Arts idea for daily time frame
watch key notes for more detail on chart
for any question feel free to ask :) good luck
ELECTRONIC ARTS INC. LONG📈 NASDAQ:EA LONG H4
🛒BUY above = 132.45
🎯Target1 = 138.05
🎯Target2 = 141.55
🎯Target3 = 147.20
🛑Stop loss = 123.35
🙈Recommended risk = (2%-3%)
#EA #EALONG #BUYEA
ELECTRONIC ARTS INC. SHORT📉EA SHORT H4
🛒SELL BELOW = 123.20
🎯Target1 = 118.30
🎯Target2 = 115.20
🛑Stop loss or cancel trade = 131.30
🙈Recommended risk = (1%-2%)
#EA #EASHORT #SHORTEA #EASELL #EAAAPL
Weakening on retracement momentum - EANASDAQ:EA
Gradual falling in volume signs weakening of retracement momentum.
Long position shall be sighted an entry opportunity at fib 50%, in confluence with 50MA.
Electronic Arts $EARSI is above 50 and hit the daily 50MA. It will be bullish if it holds above $103.27
EA resistance and HS BreakoutEA Has confirmed breakout from the trendline that acted as resistance since the beginning of 2019. Initial target 115, secondary target 120.
Electronic Arts testing trend line and $100Being stuck in this falling range for a while, EA is testing top of the range again, a break of line and $100 is a good buy signal. Recent swings give a good stop level and risk-reward.
As part of S&P500, this gaming giant has a $28.48B market cap. Price target of most banks and investment funds in this stock is around $120 and higher.
Alternatively if we see a rejection from the trend line, short is possible with a stop above $100 with a buffer.
Good Luck!
ZNGA can reach $8Zynga currently offers a very bullish set-up
Multi-year break out
followed by weeks of consolidation
Long EAExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
EA clears resistance, possible target 109EA clearing resistance at 99.50 on Friday after several months of consolidation. Waiting for possible backtest to breakout area; if successful, expecting to see move to 109-110 area within the next couple months.
ELECTRONIC ARTS (EA) 4-HOUR TIMEFRAME LONGPrice 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 would enter this trade:
STOP LOSS: BELOW 90
ENTRY:100
TAKE PROFIT: 120
Electronic Arts (EA) Buy $94.50 >>> Target $99.30NASDAQ: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%
Electronic Arts (EA)(NASDAQ) Buy $97.85 >>> Target $104.90NASDAQ: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%
EA Sports, It's in the game.Just An EA idea due to APEX.
Do not trade based off of this I am just doing this one for fun.
Electronic ArtsGreat 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.
Buy the DIP - Triple Bottom on EAI 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.
EA Sell Off - LONG Opportunity! 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 that bad for 2 reasons:
1 - Historically, the trade-off time/quality is profitable as a good game will sell more and overcompensate for the cost of waiting
2 - Battlefield was to be released between releases of Red Dead Redemption and Black Ops, two VERY popular games. A later release could give this game more exposure.
Technicals - MACD indicates that the stock is oversold. Price is testing a previous resistance at 114.90. On Monday, if price bounces on a shorter time frame (5min), I will be buying and aiming for prices to retest the long-term uptrend.
Announcement - I am working on creating a Weekly Swing website where I would sent out a list of Swing opportunities every weekend for the upcoming week. Every swing idea will be detailed with charts + fundamentals. If you are interested in subscribing, message me!
