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Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

06/13/16 at 11:33 AM CDT

 

 

READ: 3

RPLY: 1

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#3736,`06/02/16
By Jester Debunker

 

Re: EA and ATVI

EA couldn't quite break out to new highs. It managed it on the intra-day last week, then closed lower and not at a new high. Since then, it's been weak. Consequently, no follow through with ATVI. There may still be positive news and coverage to come from E3 this week, but I'm not as bullish on ATVI as I was when EA looked possible to break higher, especially with the market showing weakness after also failing to break higher for the millionth time. Getting back to $40 in the short term looks less likely now than last week imo.

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