ogdabber

EA: Last look for now: RENKO Style...

Long
NASDAQ:EA   ELECTRONIC ARTS INC
Mostly very bullish on EA right now, RENKO shows us that it is at brink of upwards continuation or back down to build support... Based on my other reads, I'd suggest to go long on this one, but the Renko clearly shows how much EA likes to double top and H&S , so I'd be cautious of these larger bearish patterns. If it can continue up, then we will find more confident entry here soon... worst case, keep a hedge and trailing stop loss, and this one could be easy money!

*KAGI shows this as bearish going into the wkend, but with a strong open next week, this could easily turn bullish again, and then this SHOULD mean that we're about to meet new ATH in near-term.

Let me know if you have any questions!
Please share your thoughts!

IMPORTANT NOTE: My charts and projections should not be considered professional trading advice. I may currently hold or plan to open short/long positions correlated to post.

Always the best,
OGD

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out