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Tutur

Buy the DIP - Triple Bottom on EA

Long
Electronic Arts Inc. (NASDAQ:EA)  
Tutur Updated   
NASDAQ:EA   Electronic Arts Inc.
Trend Analysis Harmonic Patterns Chart Patterns electronicarts LONG bluechips swingtrading triplebottom
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trendanalysis harmonicpatterns chartpattern electronicarts long bluechips swingtrading triplebottom
I 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.
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