With the stay-at-home orders still in place and many spending majority of their time at home, video games are seeing a surge in player activity. EA seems to be moving and "potentially" formed a Cup & Handle pattern. Would like to see a confirmed break above the $128 resistance on the daily chart, then a weekly close above $147.
Corsair Gaming Winning In The Esports Market
Go To The Invest2Success Blog for the Details
$CRSR #corsairgaming #amd #ryzen #cpu #computing #videogames #videogaming #videogamedesign #intel #nvidia #radeon #logitech #gamingmice #mouse #activisionblizzard...
Being stuck in this falling range for a while, EA is testing top of the range again, a break of line and $100 is a good buy signal. Recent swings give a good stop level and risk-reward.
As part of S&P500, this gaming giant has a $28.48B market cap. Price target of most banks and investment funds in this stock is around $120 and higher.
Alternatively if we see a...