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.

Zlecenie aktywne:

Trade moving in the projected direction as the divergence indicated.

Transakcja zamknięta: osiągnięto wyznaczony cel:

Today could be a good day to close. Pre-Market shows a rise to 107.8 just now.
Stock is fluctuating a lot and it would be playing save to take the ~ 1% profit. This is ok for 3 days.