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As it has finished wave (B) in red, Electronic Arts should take the plunge and jump below the support at $108.53 to dive into the green zone between $119.33 and $113.17. There, the share should complete wave (C) in red as well as wave 2 in green before turning upwards again. However, Electronic Arts might also decide to develop a new top of wave alt.1 in green...
Hi guys welcome. Ive been keeping tabs on this after certain observations made me think it was a potential trade and thus am currently in a swing position. This is by no means financial advice. I try to look at the bigger picture in anything i chart keeping a flexable stance. I play both sides of the field and can change my strategy to meet the demands of the...
Hey guys. Been keeping my eyes on EA, as im currently trading it. Thought id do another update. Do check out my other charts on EA to see what ive been seeing last couple of weeks.
So just a quick update.
This is on the daily chart. But it seems to me like we are starting the bullish divergence move to the upside.
TOdays daily candle close will give a nicer...
Electronic Arts has been pushing the right buttons and has made fine use of our pink trend channel, finishing waves (a) till (e) in violet. Indeed, the course has already made further progress, touching at the support at $109.27. Next, the share should gain even more downwards momentum and drop below this mark to complete wave B in turquoise. Afterwards, we expect...
Hi guys, this is an update to my previous idea. This is not financial advice, this is for educational purposes.
Im still long on EA and am stillin a position.
Ive been looking at lower time frames to see if anything picks up.
Target is still the same, the .618 fib retrace and the gap fill.
RSI forming a higher high (breaking white trend line) and the yellow...
RBLX is above all moving averages but the 200DMA, which is around $63. Earnings are in mid-August, perhaps RBLX can fly up there? There're some supply levels on the way and the stock must break through them but for now I'm long for a swing.
