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Electronic Arts Inc. (ERTS) Message Board

  • siracusan siracusan Feb 25, 1998 5:52 PM Flag

    5-year chart. Breakout!

    Take a look at the 5-year chart. This is one of the longest standing resistance levels I've ever seen, and it's broken!

    ERTS hit 40 in Oct '93, Sept '95, Sept '96, and Sept '97 each time selling off quickly and significantly. Now it's closed over 40 the last 5 days in a row and is pushing back to 44 again. From a technical standpoint, this looks like the real deal! I bet Tom Dorsey (www.dorseywright.com) would love this stock.

    By the way, I've loved to play video games since the Atari 2600. ERTS games are some of the smoothest running, best playing and have a great reputation.

    Just wanted to post a technical viewpoint. Good Luck!

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