Thursday, August 23, 2018 12:11:38 PM
Leading video game developer, Electronic Arts Inc (NASDAQ:EA), has been under selling pressure since July 13, 2018. At that time, the stock peaked at $151.25 a share. Today, EA stock is trading at $126.52 a share, which is a decline of more than 16.0 percent from the high. The stock is now forming a bearish pattern on the daily chart which suggests lower prices ahead. The next key support level for EA stock will be around the $117.00 level. This important support area was defended in April 2018 and will likely serve as a solid trade level when tested.
Nicholas Santiago
InTheMoneyStocks
Recent EA News
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