Electronic Arts (EA)(NASDAQ) Buy $97.85 >>> Target $104.90NASDAQ:EA
Electornic Arts, Inc
Stock - NASDAQ (USA)
This deal Profit:Risk = 2:1
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Buy = $97.85
Take Profit = $104.90
Stop Loss = $94.33
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Take Profit = +7.20%
Stop Loss = -3.60%
EA trade ideas
$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.
$EA bearish on short term(intra day) and bulling when breaks out$EA bearish on short term(intra day).
$EA bulling when it breaks out.
$EA Bullish flag pattern on daily chart
See for a breakout with increase in volume.
See for breakout in RSI trend.
Pin candle near supportIf you're a swing trader this might be a good point to catch the turning point
Does EA will Be Stock of the week? [a geek opinion]technically looks greate,under 94$ in trouble
This monday they are launching a new Game Mode in thier biggest franchsie "Battlefield".
battle royale such as fortnite&pubg made a huge fortune to their publisher in the past 2 years.
A month ago, a game named "apexlegends" made the stock skyrocket 25% in 3 days after the game as launched and bypassing 30 millions players in a week. will "firestorm"
in battlefield will crush the numbers again? everything could happen, keep an eye& stay tuned.
EA buyThe release of apex legends and the announcement of battle field 5 battle royale is backing this bull run. I initially bought at 96 but chart has given another entry
EA Electronic Arts Bullish BreakoutEA closed yesterday with a bullish in day candle, Bullish breakout over 100.29 can see the stock go to $108.
EA: Super bullish and ready to flyI see atleast 10% move higher. Setting up nicely as this is in last stages of inv h&s. Do your own dd.
EA Ascending trendline - good buying opportunity. Looks like we might see a bounce off of the support line of an ascending trendline. Whilst this is very simple analysis, if you believe that EA has the potential for growth this could be a good buying opportunity.
EA is finding short term supportNice break of the DTL today. Buyers have stepped in around pre earnings resistance. $100 level is the next test before $108. Actual upside could be gap fill just above $122
EA Long hereEA coming out with a game on Monday to compete with Fort Night. 25 million pre purchased games, earnings already behind them. Looks good.
$EA 4 million in call volumeLooking to see price action hold above the open of this Hammer Candle 2/22/19.
4 million in recent call volume.
Hammer Candle is resting right above a pervious price point of interest.
EAApex has been downloaded about 25 million times in the first two weeks. Fortnite was only downloaded 10 millions times in the first two weeks. With EA close to a support, an opportunity is formed. Target around 110 dollars, stop loss when the support is broken.
TRADE IDEA: EA APRIL 18TH 90/95/120/125 IRON CONDORMETRICS:
Max Profit: $175/contract* ($87 at 50% max; 38.7% return on capital)
Max Loss/Buying Power Effect: $225/contract
Break Evens: 93.25/121.75
Delta: .26
Theta: 121.75
Notes: Another scrounge-around trade in an underlying with fairly high rank/high implied (51/45) post-earnings.
Obvious Alternative Setups:
April 18th 95/120 short strangle, 5.11 at the mid, break evens at 89.89/125.11, delta -5.21, theta 9.11.
* -- Markets are showing wide here -- 1.17/1.75/2.32, so this may prove to be unsexy at NY open. I wouldn't settle for a fill that is less than one-third the width of the wings (1.67).
