Electronic Arts may rise to 158.20 - 161.40

Our pivot point stands at 141.9.

Our preference

As long as 141.9 is support look for 158.2.

Alternative scenario

Below 141.9, expect 136.7 and 133.4.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 147.6145 and 143.7042).

Supports and resistances

164.7 **

161.4 *

158.2 **

154.9

147.62 (USD-last)

144.1

141.9 **

136.7 *

133.4 **

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