Electronic Arts Inc. EA

Everybody is talking supply chain problems and Tech sector is heavily impacted throughout all segments

Guess what gaming stocks dont have any of those problems despite working from home being the only one

They just ship software digitally

Stocks need to go up +20%

The whole stock is simply focused on Battlefield 2042 which is believed to be the next big thing and hype

Just get it to 120 prior earnings and its a blind buy

Any announcement of China lending money to evergrande for a controlled split of the company would send markets to the sky

Looks like 117-120$

Small rebound hurts technicals have now room for one more slide

Fed tapering should strengthen cyclical stocks and weaken the tech sector. Expecting another nasdaq correction of 5-10% more likely 5% because the money in market is too much to reasonify anything lower

If gaming stocks are not rallying after 2 pm we will see another big breakdown of 4-6%

Its already a blind buy but investors really want to destroy the price
In another fall out event we could tank to 119$ cant imagine it could break this support with tecnicals already at all time low

Powell fears could bringt this down into the 120-124,50$ range. The press conference shouldnt be bad and I think marlet will trade up afterwards

Below 120$ would be insane.
Like all others $TTWO $ATVI They would have wiped out all Covid gains