LONG EA AT $91 (YESTERDAY) MY THOUGHTS, PLAY AND TECHNICALS
In 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
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