Electronic Arts may rise to 142.70 - 145.70

Our pivot point is at 126.8.

Our preference

The upside prevails as long as 126.8 is support.

Alternative scenario

Below 126.8, expect 122.1 and 119.2.

Comment

The RSI is above its neutrality area at 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 129.242 and 129.5196).

Supports and resistances

148.5 **

145.7 *

142.7 **

139.8

132.03 (USD-last)

128.8

126.8 **

122.1 *

119.2 **

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