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Markttechniker
Aug 8, 2018 6:54 PM

Electronic Arts Inc - Long Long

Electronic Arts Inc.NASDAQ

Description

Strong upward trend.

I like the correction, which shows signs of buyers defending the price area as another down retracement seems not to succeed in coming down to previous low.

Downward trendline provides support.

Buying into correction.

Both TP are relatively conservatively chosen, however, downward gap shows some weakness.

Trade closed: stop reached

Comments
JAXMES
What may happen now?
I see some weakness but it has the potencial to go up but I am not sure of why it is going down despite the fact that the market is having its bests moments after months...
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