Jester,

Thanks for the pre-E3 technicals. It would feel a bit goosey buying EA (or ATVI) around 77, given that I judged fair value at 75 and sold the shares I bought based on your analysis prior to EA's CC. I read the schedule for E3 is June 14-16, but press conferences for EA, UBI, and MSFT will be held June 12th. I would guess that this show and tell event is skewed heavily towards good news for the stocks, as they put their best foot forward. Although critics and analysts I'm sure will be watching and commenting on things like a trailer looking like crap, or the absence of the same when it was expected. And I'm sure VR will be top buzzed and hyped. I imagine that someday VR devices will be as slim and light as putting on a pair of RayBans. Google glass II ?

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.

Jester,

I understand what you said, I think. So it's a bit strange but not overly so, to see EA announce what sounds like solid/exciting titles, and losing $1 to be at ~$74.25. That's a price I probaby would've jumped at a couple of weeks ago. I'm wondering if, even if the charts looks sloppy to you, you've got a downside 'target' at which point, TA be damned, it's a compelling value to buy. (Yes, I remember when it was in either the high 50's or low 60's not so very long ago - so from that perspective, all $70's may look 'pricey.' Wondering if they 'shot their wad' with the announcement of new titles or there's more newsworthy info to be released (I'd expect so - I *think* this titles announcement is prior to E3 really kickiing off, but I've not been paying that close attention.

And thanks to lt cap for the NOK news on China Mobile. That seems to be the necessary step in China - make a joint/venture agreement, and the government won't harrass you. I think most countries call that a 'bribe', but I may be wrong.

I was underwhelmed by EA's E3 announcements, but i do not play any of those games. FIFA and Madden will be what they are, curious as to whether Titanfall and battlefield can be big enough to move the needle that has been moving already. I would like to hear thoughts from folks who play these games.