Electronic Arts Trading Analysis (06/09/2024)
The trend is ascending. The stock is trading in the range between 365 and 135 ЕМА. The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals and oversold condition.
Trading idea:
- Buy when the formation of the ascending wave structure finishes.
- Stop-loss at 144.80.
- Price targets at 148.00 and 151.80.
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