Electronic Arts may rise to 145.50 - 148.50

Our pivot point is at 131.

Our preference

The upside prevails as long as 131 is support.

Alternative scenario

The downside breakout of 131 would call for 125.9 and 122.9.

Comment

The RSI is above its neutrality area at 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 133.984 and 130.3732).

Supports and resistances

151.6 **

148.5 *

145.5 **

142.4

135.98 (USD-last)

133.1

131 **

125.9 *

122.9 **

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