EA trade ideas
EA Stock Analysis: Intraday Timeframe Chart PatternConclusion for today’s EA stock analysis: A close above ~102.38 implies higher prices in EA (Electronic Arts Inc.)
Intraday timefame chart of EA is examined in this analysis using a 6 hour candlestick chart. The main consideration and focus is the tentative bullish price channel that is highlighted on the chart. Ellipses on the chart indicate pivots used to draw the channel with a price low of 90.25 (on June 04, 2019) establishing the most recent price level for the channel.
Immediate resistance and price level that presents a challenge for the price of EA is between 102.38 (upper boundary of resistance) and 99.15 (lower boundary of resistance). Price successfully closing above 102.38 implies higher prices in EA (Electronic Arts) and the expected target of the bullish price swing is the upper boundary of the current channel at ~ 126.93.
Less conservative strategies to initiating a long (buy) position(s) would seek to enter a trade prior to the upper boundary (102.38) giving way and stop losses ideally should be placed just below the lower boundary of the bullish channel at ~89.65.
Conservative strategies on the other hand to enter a long (order) can be carried out on a breakout above 102.38.
EA potential MA 50/200 crossover and start of bull trendEA released its newest game Apex Legends on February the 4th. The market didn't really do anything special that day because the ER was coming the day after. The market reacted badly to the earnings and made the stock dump. The first day after the ER the market went as low as 78.00$ before it started its next uptrend.
From its February low it has made around a 39% increase.
From the beginning of the stocks last bullish cycle from July 2012 to the August top in 2018, the 50/200 MA has crossed 4 times in which it has made good gains before its recent 50% drop.
The price of 78$ when it bounced is also the 0.5 on the fib retracement scale of the bullish cycle.
EA has also bounced on the 2 lowest blue trend lines 3 times from its last low.
Note that the 78.00$ price acted as a previous top and resistance for EA back in 2015 before it became as support bouncing the first time on December 2016 and now recently in December 2018.
I think it can be a good trade to buy the breakout IF it breaks the current channel its in and if the 50/200 MA crosses.
EA potential MA 50 MA 200 crossover and start of bulltrendEA released its newest game Apex Legends on February the 4th. The market didn't really do anything special that day because the ER was coming the day after. The market reacted badly to the earnings and made the stock dump. The first day after the ER the market went as low as 78.00$ before it started its next uptrend.
From its February low it has made around a 39% increase. I think it can be a good trade to buy the breakout IF it breaks the current channel its in and if the 50/200 MA crosses.
From the beginning of the stocks last bullish cycle from July 2012 to the August top in 2018, the 50/200 MA has crossed 4 times in which it has made good gains before its recent 50% drop.
The price of 78$ when it bounced is also the 0.5 on the fib retracement scale of the bullish cycle.
EA has also bounced on the 2 lowest blue trend lines 3 times from its last low.
Note that the 78.00 market acted as a previous top and resistance for EA back in 2015 before it became as support bouncing the first time on December 2016 and now recently in December 2018.
EA Short opportunityEA falling triangle respected perfectly after earnings gap up, volume consolidating as expected. Targets and P/L available in the chart.
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
$EA shortTake a close look at the $EA daily. What do you see when price action approaches 200sma? It gets rejected!
Guys, don't over complicate trading. With 200sma around the corner, we initiated a short in the chatroom. The risk we had in mind for this trade was $1.20 dollars. The best trades tend to work immediately and we struck timber within 30 mins of market open.
Did you miss this trade? Join our video chat room, where our master traders call out live trades, provide market commentary and answer your stock trading related questions in real time.
bullsonwallstreet.com
$EA Are all the skeletons out of the closet in EA ?It is hard to imagine how sentiment could get much worse in EA and the entire gaming space. The last earnings report was a roller-coaster ride of heavy selling then heavy buying, bad news then good news. We think that the stock has finally been flushed out, investors who remain have very low expectations. Tuesdays earnings report may be the opportunity EA needs to readdress this negativity and put the analysts and investors in a better frame of mind. We have the opinion that anything positive in the earnings could give the price a very strong bounce to above $100. It is a risky trade but will hedge with puts.
Company Description
Electronic Arts, Inc. engages in the provision of digital interactive entertainment. The firm develops and delivers games, content, and online services for Internet-connected consoles, mobile devices, and personal computers. It operates through the North America and International geographical segments. Its product brands include The Sims, Madden NFL, EA SPORTS FIFA, Battlefield, Need for Speed, Dragon Age, and Plants vs. Zombies.
EA- BEARISH SCENARIOOutlook: (bearish)
- Currently in big Wave (3) with MA200 held as support.
- Break down through MA200 will look for the low of Wave (3)
- Wave (3): 86.90 , Wave (4): 94.05 , Wave (5): 78.20
Trade plan: Go SHORT on Monday, Stop Loss: Above 95.31
HIT THE FOLLOW BUTTON TO GET MORE FOR THE FUTURE ANALYSIS. THANK YOU FOR SUPPORTING ME.
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%
EA move to the upsideEA on the daily looks like it is in a good place to jump higher maybe to the 0.618 fib level. The RSI is bouncing off of the support line.
What are your thoughts?
Move to the upside EA on the daily chart is looking to spike. Still a lot of room before it gets to the .618 fib line. The daily RSI isn’t in a bad spot either and can really lead the stock upwards.
What are your thoughts on this?
Bull flag on EA. Could look to rally higher.EA is currently consolidating within a clean bull flag pattern, and could look to break out soon. EA is coming up to the top of the bull-flag, which is in the vicinity of the 200 day moving average, so it will really need some volume and conviction to break through these resistance levels. EA has the 50 day moving average acting as support, along with the bottom support line of the bull flag, and we could be setting up for a golden daily MA cross (50 MA crossing the 200 MA) if price can break to the upside here. As a side note, if my technical analysis (or analysis in general) is helpful and informative, I accept BTC donations ( my BTC address is in the Signature box below.) I'm a full time student in college, so any donations are greatly appreciated! Thank you!
Moving average guide (All daily for this post):
50 day moving average in Green.
100 day moving average in Yellow.
200 day moving average in Red.
Entry: $98.40-$103.20
Target 1: $111.30 (Prior consolidation zone.)
Target 2: $116.00 (Prior consolidation zone.)
Target 3: $121.60 (Prior resistance zone.)
SL: $95.50 (Below the 50 day moving average, below the bottom support line of the bull-flag, and below the previous wick which hit $95.66.)
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
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 Electornic Arts better get its game face on, FASTThe news that APPLE is entering the gaming market is not what a already fragile EA ARTS needed. Less than impressive earnings and growth was strike 1, Google was strike number 2, now APPLE is strike 3 and out. We can onle see this as a short trade unless things change drastically.
