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EmpowerTrader
Aug 10, 2018 5:39 AM

EA Buy Opportunity, Testing Key Support Long

Electronic Arts Inc.NASDAQ

Description

Price remains intact in a bullish channel. Price could be heading lower to test the final key support as seen in the chart. Nevertheless, Q2 report was strong despite the recent dip.

Scenario one (Bullish rebound): Price bounce from support to the upside.

Scenario two (Bearish Breakout): Price breaks key support of the bullish channel.
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