I’ve been a big fan of Electronic Arts for awhile, having made some really good money on this some years ago. It fell by the wayside under some management turmoil but lately they have been performing well. This year the stock is up huge and according to the charts it may be ready for a big run higher, this time over 30. See the chart below, the stock has been basing at a high level and seems ready to lift. I have put the recent chart next to the one I did back in May when we first entered it. We still hold the Dec calls.
Tags: chart analysisEA