Electronic Arts may rise to 147.20 - 149.90

133.8 is our pivot point.

Our preference

The upside prevails as long as 133.8 is support.

Alternative scenario

The downside breakout of 133.8 would call for 129.3 and 126.7.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 135.6105 and 131.019).

Supports and resistances

152.5 **

149.9 *

147.2 **

144.4

139.06 (USD-last)

135.5

133.8 **

129.3 *

126.7 **

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