EA has had a difficult time breaking past the $150 mark for 3 years. In the past year it's created a triple top as well as a small head and shoulders pattern in the past few months. This week it's broken out of its flag downward.
It can continue traveling within a much larger bull flag pattern and bounce off a major support of $100 in the mid term.
Too slow of a trade of course but if your long EA you'll be holding the bag.
Just an opinion based on the technicals. Do your own DD before making a decision
It can continue traveling within a much larger bull flag pattern and bounce off a major support of $100 in the mid term.
Too slow of a trade of course but if your long EA you'll be holding the bag.
Just an opinion based on the technicals. Do your own DD before making a decision