Stocks

Electronic Arts may rise to 145.90 - 148.90

2024-06-05

128.1 is our pivot point.

Our preference

The upside prevails as long as 128.1 is support.

Alternative scenario

Below 128.1, expect 123.1 and 120.2.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 130.3405 and 129.5926).

Supports and resistances

152 **

148.9 *

145.9 **

142.7

136.5 (USD-last)

130.1

128.1 **

123.1 *

120.2 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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