PROS
Slightly above average volume
Bearish Flag
HUGE Bullish Candle Breaking all eMa's (except for the eMa 100)
Stochastics and RSI are just above the oversold area.
Toys/Game/Hobby Sector has a weighted alpha of +26.74
Weighted Alpha of $EA is +76.8
CONS
S&P has not broken above 2020.1 (major resistance level) to confirm a short bullish...
Short Term pullback to either the 10 eMa or 20 eMa then a continuation to the upside. Really hard to say what will happen because the S&P is hard to predict but overall its bound to retrace for a little while before an upward move. I do not believe this is an accurate channel @PPages
Identify : Down trend from the Daily chart.
Predict : Possible Double Top or Outside Return.
Decide : Waiting for a retracement to conclude with a double top.
Execute : Not Yet.