‘s most recent trend suggests a bearish bias. One trading opportunity on is a Bear Call Spread using a strike $24.00 short call and a strike $29.00 long call offers a potential 5.71% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $24.00 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock rose above the $29.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for is bearish.
The RSI indicator is at 24.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for
EA to Present at Credit Suisse 2013 Annual Technology Conference
Tue, 26 Nov 2013 21:45:55 GMT
noodls – REDWOOD CITY, Calif.–(BUSINESS WIRE)– Electronic Arts Inc. (NASDAQ:EA) today announced that Chief Executive Officer Andrew Wilson and Chief Financial Officer Blake Jorgensen will present at the Credit …
Take-Two to buy back all of Icahn shares; directors leave
Tue, 26 Nov 2013 21:35:45 GMT
Reuters – NEW YORK/SAN FRANCISCO (Reuters) – Activist investor Carl Icahn will sell all his shares in Take-Two Interactive Software Inc back to the videogame company, netting a fat return on his investment in the “Grand Theft Auto” publisher. The company said it bought the stock at Monday's closing price of $16.93 per share, reflecting confidence it will reach its target and report record results in fiscal 2014.
EA to Present at Credit Suisse 2013 Annual Technology Conference
Tue, 26 Nov 2013 21:02:00 GMT
Business Wire – Electronic Arts Inc. today announced that Chief Executive Officer Andrew Wilson and Chief Financial Officer Blake Jorgensen will present at the Credit Suisse 2013 Annual Technology Conference on Tuesday, December 3 in Scottsdale, Arizona.
Console business will see trouble ahead: Pro
Tue, 26 Nov 2013 13:44:00 GMT
CNBC – CNET's editor-at-large Tim Stevens thinks the home console business will see “troubling times” over the next few years. He discusses the war between Sony and Microsoft.
The Zacks Analyst Blog Highlights: PartnerRe, Electronic Arts, Activision, Microsoft and Sony
Tue, 26 Nov 2013 12:03:10 GMT
Zacks – The Zacks Analyst Blog Highlights: PartnerRe, Electronic Arts, Activision, Microsoft and Sony
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