28.04.2016 - We expect a strong movement Electronic Arts shares
Price of Electronic Arts corrected downward to the support level at 62.72 but failed to break it and reached the level of 64.00. Further growth in the nearest future is limited by the upper boundary of descending channel, as well as the level of resistance at 67.00, fixing above which the will be a signal to buy with targets at 72.00 and 75.30. In case of a fall, quotations may reach the levels 61.15 and 58.00. Our medium-term outlook remains negative.