ERT trade ideas
Bearish Bat Visible On The Monthly This one's kinda simple and not much thought goes into the entry just shorting at the PCZ because i want something to short.
Release BF42 already 127 first, then we will see if it dumps lower but 110 looks like a possibility IMO
$EA long idea$EA consolidating on big triangle, giving us chance for entry here on this higher low. It found support on the .618 retracement + the lower trendline. I like entry here, with tight stop aiming for top of triangle first and will monitor closely for a breakout
Electronic Art: Bias upBroken out from the triangle and into ranging mode. Expect the price to bounce from the support and back up. Short term trade, apply SL and TP to your trade and trade safe.
American stocks EAEA stock
In Time Daily, it forms an ascending triangle that reflects its upward nature in the long run
In time H4, if it retrieves its important floor, and in time h1, after ascending the floor, an ascending nature is visible, it easily breaks the ceiling of the ascending triangle and moves upwards.
In Time H1, it also has an ascending nature. Upward ceilings and upward floors, which become important by retrieving the floor, made a low-risk purchase. Thanks.
Sl = 134.40
Down she goes...EA has had a difficult time breaking past the $150 mark for 3 years. In the past year it's created a triple top as well as a small head and shoulders pattern in the past few months. This week it's broken out of its flag downward.
It can continue traveling within a much larger bull flag pattern and bounce off a major support of $100 in the mid term.
Too slow of a trade of course but if your long EA you'll be holding the bag.
Just an opinion based on the technicals. Do your own DD before making a decision
price can not break historical resistance zoneprice reaches historical resistance zone (140-150 $) and in the last step, buyers demonstrate weakness.
Also we see divergence between price and MACD.
there is high probability for price reduction unless price breaks resistance zone.
use short term trend line for trigger to open short selling position.
Electronic Arts: LONG! Waiting for it to Pop!Great setup for Electronic Arts! This looks like a great stock to me. It's a profitable company, has great franchise and has excellent analyst ratings! I am Longing this stock!
EA looks ready to runLooking for EA to retest ATH. Approaching apex of ascending triangle. Might retest trendline one more time before breaking out.
EA: upward potential from support?A price action above $140.00 supports a bullish trend.
Upside price momentum supports the bullish trend.
The RSI leaves enough room for further upside price potential.
A concern remains the ranging prices.
EA: Upward breakout of the long-term resistance level.Long-term resistance level could be broken upwards with the target level in the area of 190.
EA waiting for a breakout2 year-long ascending triangle
Inverse head & shoulder formed as well
200 DMA holding well
EA Broke Triangle. Best Time to entryNASDAQ:EA
1- Play long best time to entry
2- Follow me and and encourage me to upload more premium ideas.
$EA Electronic Arts TA
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