Electronic Arts may rise to 151.60 - 154.30

Our pivot point is at 137.9.

Our preference

Short term rebound towards 151.6.

Alternative scenario

Below 137.9, expect 133.5 and 130.8.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 142.6185 and 145.3137).

Supports and resistances

157 **

154.3 *

151.6 **

149

141.99 (USD-last)

139.7

137.9 **

133.5 *

130.8 **

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