EANASDAQ:EA Formed a down trend channel on a 30 mins times frame it will reach T when it breaks the channel
0IFX trade ideas
Electronic Arts, a perfect trade???Electronic Arts (EA) a pefect trade? + 13.55% in two months!
Sometimes this work really gives satisfaction, this is certainly the case of the trade on Electronic Arts, closed on Friday a few ticks from the high of the day.
Having entered an important volume level close to the lows of the last year, I initially decided to set 148 as a target, but on Friday, also thanks to a considerable expansion of the market in general, which needs a pull-back in my opinion, I decided to follow EA intraday, closing the trade in an excellent way with a RR of 1: 4.
Entry: 129,49
TP: 146,50
Stay tuned!
Happy trading
Lazy Bull
Down she goes...EA has had a difficult time breaking past the $150 mark for 3 years. In the past year it's created a triple top as well as a small head and shoulders pattern in the past few months. This week it's broken out of its flag downward.
It can continue traveling within a much larger bull flag pattern and bounce off a major support of $100 in the mid term.
Too slow of a trade of course but if your long EA you'll be holding the bag.
Just an opinion based on the technicals. Do your own DD before making a decision
EA: I prefer Unity SoftwareGaming industry has been growing exponentially month over month this past year. Yet EA can't seem to go anywhere.
I think we will remain in the triangle depicted above.
Short after earnings me thinks. Unless of course something crazy awesome fundamentally is announce today. Up until now investors don't seem to be excited.
Just my opinion y'all.
EA consolidation tradeEA has been in consolidation for a while. It succeeded on braking the support level last time but then rallied back to the consolidation area.
Currently price is testing for the fifth time the support level. It should be nice place to bet on a long trade for another support level bounce.
Risk is that MACD lines are below 0 and EMA50 is below EMA100. Also EMA20 is below EMA40 so short and medium term trends are bearish
Electronic Arts Analysis 19.10.2021Hello Traders,
welcome to this free and educational analysis.
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EA strong amongst the overblown fudTreasury yields pulled the entire market down except for EA. The lone soldier looking strong. Chart looks great on the weekly. Last candle had a long lower shadow at support. This weeks candle is an engulfing candle. Barring the market being a bigger turd than it already is, EA should move back to the $140 range by the end of next week.
The idea that treasury yields rising can bring an entire market down is ridiculous. I'd rather own a high yield dividend stock. I'm not buying into the B.S. The market will move higher. Loading 10/8 EA calls at open.
Electronic ARTSMonitoring possible break out of the structure.
EA is below strong resistance level. If breaks up, and make valid retest, then is good time to entry.
E-sports industry is growing every year and this bussines has a big potentional.
Regular dividend payment is nice bonus.
Target is around 170-180 USD
Electronic Arts (EA) AnalysisAfter the investment made on Activision last week, today I bring you an analysis on EA (Electronic Arts).
The mother of Fifa and Madden (for those who were not interested in video games, let's talk about the company's core business), ended a long accumulation phase that lasted from December 2020 on Friday, when the price broke the support structure in the $ 135.30 zone
Possible bear trap to create liquidity again and then start a new uptrend. In this case, the resistance to break is $ 149.
If, on the other hand, the price continues to fall, the most interesting entry levels are:
- $ 127
- 112.50 (definitely the most important and attractive level)
Only due to a major reversal of the Nasdaq, EA could it go below this price.
Moreover, we find ourselves in the best time of the year precisely due to the fact that the two previously mentioned video games are out (or just released).
EA, an interesting company in the videogame sector, especially after the subscription service, EA Play, became part of Microsoft's Game Pass , another subscription service to "Netflix" which, with a monthly fee, allows customers to use content .
This too should help the turnover of Electronic Arts grow, which is composed of two other pillars: the sale of video games and in-game microtransactions.
Happy trading.
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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In Time Daily, it forms an ascending triangle that reflects its upward nature in the long run
In time H4, if it retrieves its important floor, and in time h1, after ascending the floor, an ascending nature is visible, it easily breaks the ceiling of the ascending triangle and moves upwards.
In Time H1, it also has an ascending nature. Upward ceilings and upward floors, which become important by retrieving the floor, made a low-risk purchase. Thanks.
Sl = 134.40
