Electronic Arts has dropped roughly 13% since our last update, continuing the expected decline within ongoing wave (3). This move is likely to break below support at $114.60 and gradually push the stock downward to the anticipated low. Our alternative scenario suggests the correction may already be done, but that path hinges on a convincing move above $169.82 — a threshold we’re not close to yet. For now, the downtrend remains in control.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.