Electronic Arts (EA) stock price advanced in its latest intraday trading, after successfully holding above the key support level of $168.50, which gave the stock fresh positive momentum. This came as the RSI managed to relieve its overbought pressures, while the short-term main uptrend remains dominant, supported by trading along a rising trend line. Additional strength was provided by the stocks position above its 50-day SMA.
Therefore, we expect the stock price to rise in the upcoming sessions, especially as long as it remains above $168.50, targeting the resistance level of $182.90.
Todays price forecast: Bullish