EA is overbought on daily RSI so thinking a breather may be coming soon. The stock is not overbought on the weekly and monthly RSI, but I have mine set on 90 and 10 No rising wedges that I can see and a healthy monthly candle. Strong support is getting farther and farther away, but I see support around 135ish, 128ish, 122ish, then 115ish. She may only pull back to 137.5ish. Wish I knew (o: Earnings are on 7-30 AMC EA beat on 5-5 but there were some issues with subscription quantity (or something..lol) I forget the complete story, but it did cause a pull back but I hung on to the stock anyway. I am glad I did Short percent relatively low
Not recommending to get in to this now even though I do own EA
Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. The company develops and publishes games and services across various genres, such as sports, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and Plants v. Zombies brands; and license games from others, including FIFA, Madden NFL, and Star Wars brands. It also provides advertising services; and licenses its games to third parties to distribute and host its games. The company markets and sells its games and services through digital distribution and retail channels, as well as directly to mass market retailers, specialty stores, and distribution arrangements. Electronic Arts Inc. was founded in 1982 and is headquartered in Redwood City, California.
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