Electronic Arts may rise to 157.20 - 160.60

Our pivot point is at 140.8.

Our preference

As long as 140.8 is support look for 157.2.

Alternative scenario

Below 140.8, expect 135.3 and 131.9.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 145.6595 and 141.2326).

Supports and resistances

163.9 **

160.6 *

157.2 **

153.9

146.6 (USD-last)

143

140.8 **

135.3 *

131.9 **

Number of asterisks represents the strength of support and resistance levels.