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StkMktBulldog
May 4, 2021 9:17 PM

LONG EA Long

Electronic Arts Inc.NASDAQ

Description

Perfect buy time for EA. This chart I am using Elliot Impulse and Correction waves and the following are occurring. Above 200 EMA which shows me a bullish outlook. This pullback to wave two is at a FIB level. 2 to 3 on Elliot Impulse are the biggest leaps usually. Stoch RSI below 30. At/near 100 EMA, potential bounce off. Fundamental check: ROE >15%, Debt to Equity <0.5, and Current Ratio is >2. Love the outlook on this stock all together and will be taking a long position tomorrow if I see some rebound in the market.(not a financial advisor, should not be taken as financial advise)
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