Keep an eye on oversold shares of Electronic Arts (EA). While the stock gapped lower on disappointing bookings, it’s a temporary setback, in our opinion. For one, the company is set to release even more anticipated games this year, and next, which should push bookings higher again.

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Two, EA is technically oversold on RSI, MACD, and Williams’ %R.  And three, the company just declared a quarterly cash dividend of $0.19 per share, It’s payable on Sept. 20 to shareholders of record as of Aug. 30. From a current price of $120.54, we’d like to see EA refill its bearish gap around $135 initially.


Ian Cooper