ELECTRONIC ARTS INC NASDAQ:​EA

FAVOR CONTINUED STRENGTH IN EA, STALKING LONG ON PULLBACKS

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.

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.

BUY Target 150

Entered $129.12 on 8/6 @ 9:30 Decided to exit early $128.21 on 8/7 @3:57 because I didn't like how price couldn't retake the $130 level and seems to be forming a descending triangle... a close below $126 could start a mass run for the exit.

EA long in this channel bottom. Definitely close to time to buy some calls.

We might see a minor pullback before another leg up

EA seems to be following an Elliot double (or perhaps triple) impulse wave. Plus, video game stocks are really hot right now and the addition of battle royale in Battlefield 5 might pull some players from Fortnite.

Entry point $150-155, quick profit at $182 November 2018, and Long profit of $60 around April 2019.

$EA is bullish above $136

Bearish Shark with bearish divergence. Purchased July 130 puts @ 3.45

In this chart we are using MACD in order to predict the behavior of EA stock for the next few days. this is the first chart ( beginner )

EA has been buying and ruining franchises for a long time, now they are about to blue ball their stock holders aswell

Pirce broke above the assisstance line, attributing to terminate downward momentum in weekly. A daily demand zone was created by a gap up of price. Long bias

The stock is in an ascending triangle. Note the high level horizontal resistance, which has held its ground three times. And see the support of the purple channel. They make the triangle. Watch, as the situation develops.

Lackluster sales on Star Wars game. Missed EPS. Recent insider selling. Weak income statement with YOY operating margin increase and net profit margin decrease. Technically EA had a lower closing price and could not penetrate supply area today despite a + news release yesterday. Buyer sentiment is still positive tho. Counting on increasing volatility and weakness ...

When EA announced their earnings at the end of January, I expected a jump, but what occurred made me piss my pants. The stock price opened just below a previously speculated trend line. The resistance has held its ground and the gaming stock has retraced back below 125.00 level. So what is in for the future? The fundamental earnings jump has confirmed the ...

nice set up on EA here