Monday, December 04, 2017 12:15:29 PM
Leading video game developer, Electronic Arts Inc. (NASDAQ:EA), has been under selling pressure since August 31, 2017. At that time, the stock traded as high $122.79 a share. Today, EA stock is trading lower by $4.25 to $101.78 a share. The video game giant stock is now trading below its important 200-day moving average. This tells us that the stock is weak and should trade lower before finding institutional sponsorship.
Traders and investors should now look for major chart support around the $96.50 area. This level is where the stock broke out in May 2017. Very often, this prior breakout area will be defended when it is retested. Traders and investors should keep this support level on your radar.
Nicholas Santiago
InTheMoneyStocks
Recent EA News
- Reddit Rises 15% After First Quarterly Report, Upstart and Twilio Plunge Due to Weak Q2 Forecast, and More in Earnings • IH Market News • 05/08/2024 12:23:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 08:12:45 PM
- Electronic Arts Reports Q4 and FY24 Results • Business Wire • 05/07/2024 08:05:00 PM
- Discover Vibrant Realms and Bantu Myths in Tales of Kenzera™: ZAU, Surgent Studios’ Heartfelt Indie Adventure • Business Wire • 04/23/2024 04:00:00 PM
- Be One of the 20 - F1® 24 Delivers All-New Dynamic Handling, Overhauled Career and More • Business Wire • 04/18/2024 03:00:00 PM
- EA to Release Fourth Quarter and Fiscal Year 2024 Results on May 7, 2024 • Business Wire • 04/16/2024 08:05:00 PM
- EA SPORTS FC™ Announce New Sponsorship of UEFA’s Women in Football Leadership Programme • Business Wire • 03/19/2024 09:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/02/2024 12:44:40 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/02/2024 12:41:37 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 09:40:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 09:40:35 PM
- EA to Present at the Morgan Stanley Technology, Media & Telecom Conference • Business Wire • 02/29/2024 09:44:00 PM
- Shares of WW International Plummet after Oprah Exits, EA Announces Workforce Reduction and Restructuring Plan, and Latest News • IH Market News • 02/29/2024 11:11:43 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 09:10:50 PM
- Join the F1® Grid for the Season Start - Select 2024 Cars and Liveries Available Now in F1® 23 With Pre-Order of F1® 24 - Launching Worldwide May 31 • Business Wire • 02/27/2024 04:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 11:12:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/22/2024 07:07:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 10:48:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 10:46:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 10:42:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 10:40:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/20/2024 09:30:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 12:41:57 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/15/2024 09:25:07 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 03:26:46 PM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM