22.08.2016 - Quotes of Electronic Arts may correct after recent gains

Price of Electronic Arts continued to rise after was able to overcome the resistance level at 80.00. Currently quotes approached the upper boundary of the rising channel and can start the correction with potential targets at 80.00 and 78.00. According to our estimates, the growth will continue in the medium term with targets at 86.00 and 90.00, but we do not exclude the correction in the near future.

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