TAKE TWO INTERACTIVE SOFTWARE INC

NASDAQ

TTWO

Somewhat out of the blue but yesterdays earnings beat and then raising of guidance is somewhat of a surprise after the dome and gloom that hampered the sector for the previous 3 quarters. Take-Two Interactive Software Inc. shares rose more than 6% in the extended session Monday following a brief halt, after reporting quarterly revenue that topped consensus...

TTWO has been on a strong upward trend for the past couple weeks with no sign of a break in pattern. Has been over the 180 EMA with a potential for an east 5-15% profit in the next 1-3 weeks.

Cloud Rejected on 50d clearance, below 50d can trail to 200d

At the sweet spot for a big move

Take-Two Interactive saw options trading volume of 6,327 contracts, representing approximately 632,700 underlying shares or approximately 45.3% of TTWO's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $125 strike call option expiring July 05, 2019, with 2,315 contracts trading so far today,...

From the charting perspective it is clear that momentum is back with the bulls and the options market indicated that will continue, option traders are signalling a 20% upside move to the $130 area by July 19. Our previous wave count remains intact and the next hurdle is crossing above the 200ma, which should engage more new investors.

TTWO closed higher today following a mixed earnings report and soft guidance. The stock briefly traded down to $95 post-close yesterday before rallying through today's session. Highly-correlated competitors, EA and ATVI, also posted nice daily gains as investors seem generally optimistic on the video game sector. However, this chart of the top three names in the...

Expectations have been rising in TTWO for this earnings season, even analysts are raising targets pre earnings which is positive. Although its competitors have had very erratic responses to good earnings, we believe that TTWO will provide a good return on an investment pre earnings. From the charting perspective it is clear that momentum is back with the bulls and...

Google and Apple what a nightmare for the conventional gaming stocks to hear that those 2 were entering into your market place. Both these companies have ready made customer lists already tied into their eco system through GMAIL, Youtube and IOS, it is very hard to see how they will not be disruptive in this sector.

- NASDAQ:TTWO broke above a falling wedge pattern in place since last summer - Prices are trading above their 20-day and 50-day EMA - MACD finally turned positive - Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards) -...

Heavy accumulation and money flow in. Looking for a inv H&S to take this up to gap fill at the .382 retrace by mid April.

TTWO death cross - the 50 SMA (yellow) crossing down through the 200 SMA (red). also with fibonaccis added, lets see how it plays out.

The prices of the firm are supported this week from the 144 weekly SMA. The oscillator RSI is in the iper sell zone. I took a position long til around the level of 110. SL and TP are indicated on the chart

TTWO seems to have made 5 waves down (4th was the pennant). Now we have touched a support on the daily level, 86 dollars. The earnings were good, yet there came a drop and there hasn't been a retrace. Analysist are giving TTWO a strong buy, as there hasn't been a retrace yet and there hasn't been bad news. TP around 110 dollars.

target the gap fill higher

Double Bottom right at support, good signal bar

It was very clear that its bearish pennant. But just based on this, I cant gamble the ER. But thats a tell ! Check how that pennant lower trend line was hit in the early morning bounce and then turned back lower

NASDAQ:MYLSell short below yesterday's low Please like, comment and follow if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.