TTWO has a very nice ascending triangle that is almost complete. Flirted with a breakout today, and could make one last dip down to retest the lower portion of the triangle. Moving averages continue to coil as well, which has been consistent with past breakouts. I really like how this is setup and would be long going into earnings. I expect to price to reach $140ish range in the not to distant future.
Comment:
Bad market timing on this breakout. Going to update this soon. I would be very careful below $105 level though. Much below that we could test the low 80s. Long term still love this stock.
Breakout - Check
Full system go.