EAD trade ideas
EA Looks Poised to Break OutNASDAQ:EA - After a surge from late December to mid February, the stock embarked on a long correction as it retraced around 61.8% of this advance with a falling channel. EA established support in the 88-90 area in July-August and held above this support zone during September-October pullback. Thus, a higher low is taking shape and this could be the start of another leg higher. The stock broke above the red resistance zone this week and I expect a break out of the big falling channel.
Possible Test of top channel coming.Test of top channel.
Looking for a break of Resistance at 105
Rising RSI
Three Percent Trade Idea: Go long EAHere is a great opportunity to go long on EA.
At Three Percent Trades we have a price target of $130.00 / share, which is a potential upside of 32.4% from the current level.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
SAR INDICATORWe can observe sar, a trend indicator. when sar is above prices it indicates a downward trend, while if it is below prices it indicates an upward trend
Inv Head and shoulders on EAstill can hit $90 and be valid unlikely at this point. wouldnt recommend a position but I will be watching for a breakout
$EA Animal Crossing: Textbook Bat Pattern!1 Like = 1 Vote to rename "Harmonic Patterns" to "Animal Patterns"
Goodluck :)
AE post on Twitter: invest in cryptoThey recently posted a post on their twitter calling for the purchase of cryptocurrency;
I guess there will be growth.
The last time I posted the news about Facebook crypto, there was growth, Samsung also showed growth
EA Good Short SetupPossible short near top of channel around $100. Support around 96 and 93 on the way down to target rising trendline. Good risk vs reward.
Information contained herein is not intended to be a source of investment advice. Any opinions are personal and just for fun.
EA - The pressure is buildingThe pressure is building between the 100 MA and 50 EMA. Which way will it move?
Not a Bad Long Term Entry In EA???Right now I like EA longterm, I think corrections are due, and like its recent movement.
Awaiting break from channel in EANASDAQ:EA and indeed the gaming stocks in general have improved lately and we are of opinion that that is set to continue in a bullish manner. The stock of EA has been stuck in a down channel for some time and we hope the next touch on the top of that channel is a breakout to the upside. It is wise to wait for tat break to take a position.
AVERAGE ANALYSTS PRICE TARGET $111
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 14
SHORT INTEREST 3.35%
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