Electronic Arts – Bulls in Play on Gaming Wave…

Electronic Arts  –  Back Today on ATA Research Radar 

ATA Continuation of…

19.01.2020 –  Electronic Arts – 2020 New Games Fireworks vs SECULAR HORIZON Major Fibonacci Extensions …

with

ATA Following …

VanEck Vectors Video Gaming and eSports ETF

12.05.2020 –  VanEck Vectors Video Gaming and eSports ETF – the Game Goes On…

Global X Video Games & Esports ETF

12.05.2020 –  Global X Video Games & Esports ETF – Playing Play…

CD Projekt 

12.05.2020 –  CD PROJEKT – Awaiting CYBERPUNK 2077 vs LONG TERM HORIZON Major Fibonacci Extensions – Update May 2020…

Ubisoft 

20.05.2020 –  UBISOFT – European Gaming Giant Secular Perspective…

Atari

25.05.2020 –  ATARI – First Gaming Star Flatline…

Electronic Arts Main Motives

BofA Securities  EA Note

EA ability to grow, even during a pandemic

EA Neutral rating and raised the price objective from 116 to 122 USD 

EA Growth depends on Larger Titles

EA  Key Beneficiary of the stay-at-home trend

&

Video Games  Master Motives 

Video Games New Super Cycle creating by Mainstream Media 

Tech Boom Cycle

Central Banks Mega Easing New Wave 

vs

Tech Bubble  still High Risk 

EA - 2

First…ATA from  19.01.2020

” Now dominating

Bull Contraction 

with

Open Scenario Second Test All Time High Zone   “

Second…Present  Electronic Arts   Situation 

ELECTRONIC ARTS   SECULAR  SITUATION 

ATA MIND OVER MARKETS

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical  Pattern…

First…Key Motives

above in this text…

Second…Market Technical  Patterns 

Long Term  View 

First of All

Electronic Arts

All Time High July 2018

Key Level 150 USD Zone  ( 151.26 ) 

after

Test

Master  FIB EXT  – July 2018

1st Bull Wave Extension  –  2 

Key Level 150 USD Zone  ( 151.26 ) 

Activated

Bear Reversal Pattern – Ending Diagonal 

&

Shot Down with Test 70 USD Zone 

( Low 73.91 )

Fib Ret 50 – 56.4% Zone Last Big Rasing Wave 

Now  still dominating

Bull Contraction 

with

Present Testing Psychological Key Level 120 USD Zone 

&

MACD Monthly Buy Signal

still Active

Open Scenario Second Test All Time High Zone 

vs

Finally

Long Term Top Creating Rising Risk

Future Active M or 2B  Bear Pattern 

Key Level 150 USD Zone

Present Active EA  Battlefield 

100 – 115  vs    120 –  150 USD 

ATA Investment Conclusion

Focus on

FIB EXT  Target Zones

2   –   153.49 USD 

vs

FIB RET Last Wave Down 

first 61.8%  122 USD 

with

Psychological  Master Key Levels 

special 

120   150-55 USD

&

New Pattern Research 

with

Final Smart Money Reaction 

ATA Wall Street Maximes

MAJOR TOPS  WERE ALWAYS CREATED

on

SUPER GOOD NEWS

with

EUPHORY PHASE

Market Trend always changed when Mainstream Media created 

One Slogan ” No Chance for Change “…

that’s why

Charts show you  Reversal Pattern First  ex ante…!!!

N- TIMES

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

First…EOD-s

Second…EOW-s

Final…EOM – May

Electronic Arts  Monthly Charts :

17.01.2020 – EOW

EA - M - Fib Ext

EA - M - Fib Ext - Focus

22.05.2020 – EOD 

EA - M - Fib Ext

EA - M - Fib Ret

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