dzygadlo

Watching to see if we break the up side of a long term triangle

Long
NASDAQ:EA   Electronic Arts Inc.
EA The daily chart shows a pennant forming, which has been broken by closing above the top of the pennant @ $140.

In the weekly view (shown here), there's a triangle pattern. Top of the triangle is ~$151 and was established in 2018 and tested in 2021. If the top of the triangle is tested and broken (closing above $151 for the week), then this has a lot of upside.

If $151 is tested and rejected, then we're heading back down to test the lower edge of the triangle.

Good Luck!

I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!

Good luck and I'm always interested in what you think.
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