TAKE-TWO INTERACTIVE SOFTWARE NASDAQ:TTWO - Feb. 28th, 2024
BUY/LONG ZONE (GREEN): $153.00 - $168.45
DO NOT TRADE/DNT ZONE (WHITE): $143.65 - $153.00
SELL/SHORT ZONE (RED): $133.00 - $143.65
Weekly: Bearish
Daily: Bearish
4H: Bearish
Currently in a DNT zone as it would be unfair to automatically wait for price to drop and then say it's a bearish area;...
TakeTwo Intractive's costs are rising as fast as revenues, and the Zynga acquisition has yet to prove itself. Of course, GTA 6 is an excellent argument, but even this is not without risk; after all, it is not guaranteed that every new GTA is of the highest quality. Overall, it seems that an investment in the company is currently a pure bet on the massive success...
Take-Two Interactive - Short Term - We look to Buy a break of 174.44 (stop at 168.88)
Daily signals are bullish. A bullish reverse Head and Shoulders has formed. Buying continued from the 61.8% pullback level of 164.18. The trend of higher lows is located at 163.50. The bias is still for higher levels and we look for any dips to be limited. A move through...
TTWO slipping further into that great value DCA zone in my opinion.
Trading around key support on longer and shorter timeframes. Indicators showing the stock to be very oversold with money flow at lows not seen in years.
Looking at the historical data and cyclic nature of TTWO looks like a great risk to reward entry.
** NOT INVESTMENT OR TRADING ADVICE **
![TTWO: TTWO Juicy Entry [LONG]](https://s3.tradingview.com/b/bnxxG2sd_mid.png "TTWO Juicy Entry [LONG]")
![TTWO: TTWO [LONG]](https://s3.tradingview.com/g/gSoVZMxM_mid.png "TTWO [LONG]")