Electronic Arts (EA) Weekly Range Break on Horizon
Electronic Arts (EA) strong early and could see some videogame strength as Delta variant continues to disrupt, and EA positioned well for the new console release cycle. EA nearing a key long weekly range breakout with MACD nearing a bull crossover signal. EA has seen strong bull flows with recent 2000 March $130 short puts opened and some size in January $135 and $170 calls bought back in February/March.