Wednesday, November 28, 2018 12:14:34 PM
As we know, leading video game developer, Electronic Art Inc(EA), has been under some sharp distribution since July 2018. At that time, the stock peaked out at $151.25 a share. Since that high pivot point, the shares have tumbled down to the $84.40 level. EA stock is now trading below it's important 200-week moving average. This will usually indicate lower prices ahead for the popular gaming stock. One particular support level that has caught my eye will be around the $75.00 area. This is a prior scene of the crime support level from 2016. Often, these key levels will be defended by the institutional money when retested.
Nicholas Santiago
InTheMoneyStocks
Recent EA News
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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
