Trade Ideas for Thursday - Electronic Arts, AAPLE, NTRI
Chart courtesy of stockchartsShares of Electronic Arts were down 1.46% to 53.31, however don't be alarmed, chart looks Bullish. The technical chart of Electronic Arts shows positive signs as the stock has been above 50 day moving average since mid of July and last week has formed golden cross. Golden cross is described when 50 day MA cross on top over 200 MA and is normally a very bullish buy signal. Chart also are showing a bullish sign given by MACD that it has been above 0 since mid July. So, keep an ERTS in your watchlist for a possible breakout over $55.
Chart courtesy of stockchartsAAPL shares continues having a good support in its 20 and 50 dma. Be careful only if stock close below these lines.
Chart courtesy of stockchartsNTRI - Stock may find resistance to breakout 200 dma. At this level, profit taking is likely.
That's All. Have a nice evening !!!
AC
Labels: AAPLE, Electronic Arts, NTRI
