Electronic Arts may rise to 135.10 - 137.20

Our pivot point is at 125.

Our preference

Short term rebound.

Alternative scenario

Below 125, expect 121.5 and 119.5.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the share stands above its 20 day moving average (127.973) but below its 50 day moving average (129.6326).

Supports and resistances

139.3 **

137.2 *

135.1 **

133.1

128.85 (USD-last)

126.2

125 **

121.5 *

119.5 **

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