Midweek Watch 10/06 - $EA Will See How It Reacts at $129 - $130
My Level: Long off $130 & $129
Why: $130 is Prior monthly and you have a monthly pivot and quarterly around $129
When this stock was down around $125, I told how ridiculously oversold the name is, was on my #midweekwatch few weeks back. Want to see the action on it tomorrow, stayed really heavy all day. Hoping for a continuation tomorrow. Doesn’t mean it cannot come back to $125, but will see how it reacts around $129 & $130
Why: $130 is Prior monthly and you have a monthly pivot and quarterly around $129
When this stock was down around $125, I told how ridiculously oversold the name is, was on my #midweekwatch few weeks back. Want to see the action on it tomorrow, stayed really heavy all day. Hoping for a continuation tomorrow. Doesn’t mean it cannot come back to $125, but will see how it reacts around $129 & $130