EA trade ideas
EA - Top of channel shortLooking for stock to reverse lower from this 79.5 level to middle of channel or lower. I'm long the Dec23 79.5p and short 2 74.5p
I think EA is a long.Battlefield 1 is coming out soon, and I predict the stock will go up greatly on October 21.
EA uptrend ChanelPrice is in a uptrend chanel and bounced again on the support level. It should go to the up resistance level of the chanel.
With a good risk-reward ratio, this is a good opportunity to go long.
Español:
El precio se encuentra en un canal alcista, y rebotó nuevamente sobre la linea de soporte, ahora debería llegar hasta la resistencia superior del canal. Con un buen ratio de riesgo-beneficio, esta es una buena oportunidad para una posición larga.
#EA: Opportunity To Short!EA hit long term resistance where there was indecision candles now seeing bears about to break sideways resistance there is also hidden bearish divergence here showing this is where there is likely to be bearish momentum, we should keep an eye on this one for a set up this week
For more information in joining my professional signals group or professional online trading tuition, Message me directly on Trading view or email me with the email address on my Trading view profile page
Twitter: Tomkillick1
Email: T.killick182@gmail.com
Skype: Tom.killick182
Watching EA to pull back to 76.40 for a swing position.EA made a new 52 week high on 6/7 and I've watching to see if the trend will continue to the 80's. It did a nice bounce at $73 to keep it's upward momentum. 76.40 might make a good entry with a stop around 75.90.
EA down Price hit res at 66.8 many times and could not sustain momentum. If support at 61.8 breaks down this is going to 54 at least
EAEA needs another large wave up to hit a primary count, but both it's corrective form and push off the bottom are janky. If we get 5 up into 71.60 the fibs improve and we can consider it a bottom. (Blue V) A 3 wave retrace can be tradeable. But I also suspect that we are not done and this was an ending diagonal (Red) and we'll start the bottom count over. Ending diagonals are messing so anything can happen in between.
