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Re: EA insiders are cashing
out
EA has finally been weakening recently. It has fallen through
the 20ma and bounced a couple of times near the top of the gap
after last earnings at 5/10. I expect it will see strong support
around $106.5, the 50sma, and $105.5, the top of that gap. If it
fell through there I doubt it would close the gap fully unless we
had a really big market breakdown, since it would also have to fall
through $100 and the 100ma currently over $97. I've been shorting
on spikes and covering when it gets close to those levels.
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