EA trade ideas
EA scalp potential?Showing signs of stopping volume and action short term. Will post daily with it...use the lows of range as potential buy zone with a stop..
EA; get your head in the gameEA like many others, is lining up for a much larger pullback. We will watch 92.11 to act as support and if this fails we will expect a gap further down to test support 77.22. Great entries before this gap down team. Don't miss out on this profit.
LONG EA AT $91 (YESTERDAY) MY THOUGHTS, PLAY AND TECHNICALSIn short term EA is showing recovery, i opened a LONG at $91 with target of $109
Currently at 30% discount from ATH of $150
Market is looking bullish with trade deals coming into place,
coming into holiday season and EAs upcoming release of battlefield 5
im looking for a strong push up to previous strong support of $110 before taking 50% of trade and letting remainder run
Ea technical
Monthly
Supports
$41
$61
$74
$85.29
Resistances
$140
$127
$120
$117.84
$104
$95
RSI
mid range, headig down
MACD
Crossed over, high 13s
heading down, open band
Daily
Support
$86
$88.29
$91.52
Resitances
$95.53
$100.88
$104.63
RSI
Bottomed out, turning up
MACD
bottomed out, still open
looking for a turn and cross over
1 Hour
Supports
$90.66
$93.37
Resistance
$95
$98
$104
$110
$121
RSI
mid range, upward trend
MACD
Upward tren with open range
showing strength
Bullish Trade of the Week Part Two EA credit spreadWell the Big Hands knew we were looking to get into SO this week so they took the market down and kept Utilities strong...I take full responsibility for this !! ;) ;)
No matter EA IVR % just posted 100 and the new Call of Duty will be in full swing come XMAS time 72d 100/95 p cr spread looking for 1.40
Tasty stats 65% POP 82% P50 theta .50 with a delta of 9.32
[EA] phase 4 -> Don't buyThe price is far away from 30MM, and the slope of 30MM is negative. The RSI is low. Don't buy.
LONG EA | Bullish Divergence in Daily Chart EA
EA shows a bullish divergence in the Daily Chart with a signal to go long that occurred Oct 12 2018.
That could only be a short term investment, or lead into the turnaround of the stock. It was declining since a while beaten up when they were moving the Battlefield V release date to november 20.
The stock bounced of a long term resistance also.
Limit: 106.5
Profit: 110 (Value Zone)
Stop: 102.1
Again, EA shows a healthy downtrend but coming closer to christmas might turn around. Battlefield 5 will come into stores November 20th and this will most likely advance stocks.
EA BreakoutTo keep this short, EA has broken through its downtrend line. MACD is pointing up, but looks a little rich on the 1 hour chart, so there might be a nice pullback at the start of the week. I closed my open long position Friday for this potential pullback, but I will be long when it either pulls back and bounces or if it keeps running.
NOTE: I will not hold this stock after late October! Earnings are at the end of the month and Battlefield release is shortly after in November. Both of these could be a negative catalyst on the stock, and with the recent history of why they sold off twice in the past 2 months, I am not bullish on either news catalyst. I plan to close any positions by 10/26 or so.
Long EA on hidden bullish divergenceEA is showing hidden bullish divergence as indicated by higher lows for price and lower lows for RSI. Breakout likely. Might be good long opportunity. Long-term trget $200-$220
EA into resistanceWell, the trend breakout happened but EA is right at the monthly FIB fan zone here. Now we see if rel buyers or further short squeeze.
Buy the DIP - Triple Bottom on EAI previously explained the fundamentals on why EA is a strong BUY for a Swing-Trade. We could go back to the $130 level.
Here we have a nice triple bottom pattern that could lead to a nice breakout - supported by the release of the new Battlefield game.
If price doesn't break resistance, we could see a retest of the resistance - but it is unlikely.
EA ready for lift off?I am careful trading bounce stocks after horrible earnings numbers but this is set up for trend crosses. Might be worth a scaled in bullish bet here.
EA serious Call activity todayEA is one that might see a forced buying situation next week. Any Equally weighted funds that hold this need to buy shares come Monday. Just an idea I am floating.
$EA Forming A BaseKeep an eye on the 116 level. It's a magnet. Options are cheap. Rinse and repeat until it flies. $EA
