SAR INDICATORWe can observe sar, a trend indicator. when sar is above prices it indicates a downward trend, while if it is below prices it indicates an upward trend
1EA trade ideas
Inv Head and shoulders on EAstill can hit $90 and be valid unlikely at this point. wouldnt recommend a position but I will be watching for a breakout
$EA Animal Crossing: Textbook Bat Pattern!1 Like = 1 Vote to rename "Harmonic Patterns" to "Animal Patterns"
Goodluck :)
AE post on Twitter: invest in cryptoThey recently posted a post on their twitter calling for the purchase of cryptocurrency;
I guess there will be growth.
The last time I posted the news about Facebook crypto, there was growth, Samsung also showed growth
EA Good Short SetupPossible short near top of channel around $100. Support around 96 and 93 on the way down to target rising trendline. Good risk vs reward.
Information contained herein is not intended to be a source of investment advice. Any opinions are personal and just for fun.
EA - The pressure is buildingThe pressure is building between the 100 MA and 50 EMA. Which way will it move?
Not a Bad Long Term Entry In EA???Right now I like EA longterm, I think corrections are due, and like its recent movement.
Awaiting break from channel in EANASDAQ:EA and indeed the gaming stocks in general have improved lately and we are of opinion that that is set to continue in a bullish manner. The stock of EA has been stuck in a down channel for some time and we hope the next touch on the top of that channel is a breakout to the upside. It is wise to wait for tat break to take a position.
AVERAGE ANALYSTS PRICE TARGET $111
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 14
SHORT INTEREST 3.35%
COMPANY PROFILE
EA Short Spread PUTs90/75 Put Spread EXP September 20th
Cost was $4.21 entry and profit target will be the value of the debit.
Max loss will be if it breaks its range at around $100-105
EA has had a poor response to its recent games such as Anthem and it continues to thrive from its sub based market model they aren't overly bad with their products but they aren't captivating gamers. Companies such as CD Projekt Red drive a value based model for their content whereas EA drives a profit per unit model from in-game purchases and expansion packs. Overall I think their earnings will be weak and will slightly damage the sentiment in the stock dropping its rangebound formation into a downtrend.
Long EAExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
