Take-Two Interactive Software (TTWO)
TTWO's price action at it's short term overhead supply and horizontal resistance suggests a willingness of buyers to accumulate aggressively.
Why I am suggesting this? See the share's pullback on 01 and 02 June, followed by an immediate 'snap-back' to the overhead supply zone.
Today, this price is looking to push through resistance, which may trigger a cup and handle and double bottom formation.
I'd place my stop-loss at 183.70, with an upside target of $194-198.
Last: $187.55.
Why I am suggesting this? See the share's pullback on 01 and 02 June, followed by an immediate 'snap-back' to the overhead supply zone.
Today, this price is looking to push through resistance, which may trigger a cup and handle and double bottom formation.
I'd place my stop-loss at 183.70, with an upside target of $194-198.
Last: $187.55.
