Electronic Arts (EA: NASDAQ)

Electronic Arts (EA), a prominent video game developer with a diverse product line, is discussed in the context of its upcoming releases and growth potential.

The analysis highlights EA’s strong development pipeline, anticipating satisfactory growth and returns for investors. The return of the college football franchise after a decade-long absence is expected to be a significant addition to EA Sports, tapping into pent-up demand. Furthermore, EA is collaborating with Walt Disney on two Marvel games, focusing on Iron Man and Black Panther franchises. These open-world role-playing games are anticipated to widen the sales potential for EA.

The bullish stance on Electronic Arts (EA) suggests an entry above the $120.00-$121.00 range, with an upside target set in the $205.00-$210.00 range.

AngloGold Ashanti (AU: NYSE)

AngloGold Ashanti (AU), a gold mining company operating in Africa, the Americas, and Australia, is discussed in the context of its strategic investment in G2 and plans to switch its primary listing from Johannesburg to New York.

The analysis emphasizes Anglo Ashanti’s intention to be a major shareholder in G2, providing a strong position in a key gold province with significant potential for new discoveries. The exploration success of G2 is seen as a growth driver for Anglo Ashanti. Additionally, the company’s CEO’s commitment to keeping costs relatively static over the next two financial years and the approval of the switch to a New York listing contribute to general optimism about the company’s future.

The bullish stance on AngloGold Ashanti (AU) suggests an entry above the $16.00-$17.00 range, with an upside target set in the $25.00-$26.00 range.

Kaspa Network (KASUSDT)

The analysis of KAS suggests that it is currently consolidating at support, and the recent retracement over the past two weeks could be indicative of a potential setup for another upward movement. Your plan is to ladder into a spot long trade within the current support range of $0.0144 to $0.0155.

The profit-taking strategy involves a unique approach. Instead of selling the entire position at the next area of resistance, you plan to sell only 25% at the range of $0.183 to $0.19. The intention is to let the remaining 75% run, potentially taking advantage of further price discovery.

To manage potential losses, a stop-loss order has been set just below at $0.14. This risk management measure is designed to protect the trade from significant downturns and aligns with sound trading principles.

Aave (AAVEUSDT)

The analysis of AAVE suggests that it is reclaiming its previous range, potentially paving the way for a move in price, initially targeting $180, followed by $260. Your strategy involves looking for a retest of resistance as support in the Buy Zone between $115 and $125, aiming to set in a higher low for trend continuation.

The profit-taking strategy includes two potential areas. The first is around $150, and the second, for a more significant move, is at $220. These levels represent potential areas where resistance might be encountered, and profit could be realized.

To manage potential losses, a stop-loss order has been set just under at $104. This risk management measure is crucial for protecting the trade from significant downturns and aligns with sound trading principles.