13.05.2016 - Shares of Electronic Arts may correct
Price of Electronic Arts broke through the upper boundary of the descending channel after an upward gap and reached the important resistance level at 75.00. Overcoming and fixing of quotations above this level will be the basis for the continued upward dynamics with the potential of reaching 80.00. In the near future quotations may correct to 70.00. We expect increasing price the medium term, but expect a pullback after the recent strong growth.