TRADING TIPS

EA Short Setup With Targets

Hubert Senters here. Let’s take a look at EA Sports. I don’t know if it’s EA Sports. The symbol is EA. It’s got a nice little sell side profile here. It is below the cloud. The cloud is red. It’s sideways to slightly lowering the slant. It’s close below the turning and the standard line. And it’s testing these lows. In my opinion it will take out the $123 area and drop to about $114, $115 so pay attention to EA. I think it’s going to go a little bit lower. It could retrace more than that. Let me give you an over optimistic view of where I think it may go. Now that’s bad. I said about $115 so $109 to $116 in that area. And then if it breaks $109 it could potentially retrace all the way down to $100 and maybe even at $90. Good luck. Hope it helps. See you on the next video. Hubert.

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