TTWOOn the bullish side, strong Fundamentals. Good r/w ratio. If in Stay In, if out get in ASAP! By Feb we should hit Target.Longby chrisvall0073
Grand Theft Auto VI Trailer Release Leak Hits Take-Take SharesAnother online leak marred the highly anticipated release of Take-Two's Grand Theft Auto VI videogame trailer. Take-Two Interactive (TTWO) - shares slumped lower Tuesday after the videogame maker arranged the early release of a trailer for its highly anticipated Grand Theft Auto VI title. The new release, which comes nearly a decade after the previous title in the popular videogame franchise, will be available in 2025, Take-Two said, and will mark the 25th anniversary of its collaboration with Rockstar Games, the division that created the original title. The new Grand Theft Auto trailer, however, had been scheduled for debut later this morning. Indications from Rockstar suggested portions of the trailer were leaked online, compelling the company to bring forward its release time. Take-Two shares were marked 3.2% lower in premarket trading to indicate an opening bell price of $152.60 each, a move that would still leave the stock more than 50% higher for the year. The Grand Theft Auto VI trailer was last seen to have around 9.9 million views on Google-owned YouTube and could provide a compelling boost to both the gamemaker's current offerings and the 2025 release. "The upcoming release of the new Grand Theft Auto game is expected to generate substantial enthusiasm, acting as a key driver for current Rockstar Games titles and live services, including 'Grand Theft Auto 5', 'Grand Theft Auto Online', and the 'Red Dead Redemption' franchise,'" said Benchmark analyst Mike Hickey. The anticipated release of 'Grand Theft Auto Next' is likely to boost TTWO's growth significantly in fiscal years 2025 and 2026. Technical Analysis TTWO is trading near the top of its 52-week range and above its 200-day simple moving average. Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.Longby DEXWireNews3
Time to buy into the GTA 6 hype?Tomorrow will be the day the first trailer for GTA 6 will be released. It's been nearly ten years since GTA 5 was released and broke world records. The wait for GTA 6 can not be compared to another game. The hype and anticipation are off the charts. This creates a unique investment opportunity. Looking at the historical prices news related to GTA has created considerable share price movements. Especially when related to GTA 6. In September 2022, a leak about GTA 6 caused Take-Two’s stock to plummet. Recently, when Rockstar announced in November that early December is when we would see the first news around GTA 6 the shares gapped up and rose around 17.17% in 30 days. There is considerable space for big gains when Rockstar releases the trailer tomorrow. It all rides on the investor's expectations, which will largely be following the customer's expectations. If the customers see it being good and the trialer receives a lot of attention, positive of course, then the share price will inevitables go up. Trailer released => Large positive response by customers => investors excited and happy => share prices rise. Now of course this is the short-term outlook. What about the long-term? The game will most likely be released next year in the fall. But this game will no doubt break records and will allow Take-Two, the company that owns Rockstar, to profit handsomely. Just as GTA 5 did. This therefore seems like a great opportunity to buy the shares before the short-term rapid rise and possible long-term outlook. However, speaking long-termly this would need a different piece of analysis that I'm not doing right now. But all I will say is the potential for long-term growth is there and this could be a good buying in price right now. It would be difficult to put a price range for tomorrow. But I would say between 20% - 30%, which is around the all time high. But I do see potential for further upside tomorrow. Longby BlackbearTrader10
Big News for TTWOFirstly this is not a technical analysis chart. This is simply my thoughts on TTWO stock As many people know TTWO owns two big videogame publishing labels, Rockstar Games and 2K. There are some news about Rockstar games upcoming game GTA 6. Series last videogame was published over 10 years ago and is still one of the most played games in the world. We all know how hype and expectations can affect a stock. First example to this is CD Projekt SA (WSE: CDR) . This company was developer to a similar genre game named Cyberpunk 2077 which got major attention till release. You can see how stock was affected between trailers release and games release. Lets look at this chart now. at November 8 . Rockstar Games announced that trailer will be released in december. stock price got pumped over %20 to this date. And today December 1 they officially announced a trailer release date which is December 5. If simply a trailer announcement got this much attention I suspect that if the actual trailer get peoples attention it will generate more interest in the stock. You can see how much money Rockstar games made in past and project how much Revenue the new release will generate. Also there are rumors that 2k will be responsible for development of new Fifa games from now on since EA and FIFA parted ways this year. TTWO is a rising company and has promising projects / rumors for future. Not financial analysis - just notes to myselfLongby aresumutprevazi118
GTA VI Effect?Take Two Interactive, while on the downward sloping trend has formed a cup & handle pattern and successfully managed to break out of the range. The arrival of next Grand Theft Auto series is likely to push the stock up as it is likely to be one of the best selling titles in the gaming industry. The stock has many supporting reasons to drive its price higher as we may see the continuation of GTA Online (for both V & VI) which has been a massive success amongst the community and also for Rockstar as it has helped generate regular income from its business model. Other than being the best GTA ever, it will incorporate features from other successful titles such as Red Dead Redemption 2, which arguably had better graphics than GTA V & all other games from the parent company in the past. We may also see Rockstar borrowing elements from RDR 2 like character physics & animals such as horses which have never been present in GTA before. This will be biggest & best release ever from the GTA series unlike Apple claiming their Iphone to be which is merely different from its previous iterations. Moreover, the stock is down from its all time high and thus we can expect to see it breaking its previous highs with the next GTA on its cards. The stock looks good for a long term holding as Rockstar has high estimates from its upcoming titles in 2024-25 and none other than next GTA can achieve this level of sales. Rockstar has other upcoming titles too in the pipeline that may contribute to their success in the future.Longby nikhilchhabra2
Take-Two Stock Surged in Anticipation of GTA 6 AnnouncementTake-Two Interactive shares surged as much as 9.4% in premarket trading Wednesday, as investors received the first confirmation that the next installment in the Grand Theft Auto franchise is on the horizon. The company is slated to report its fiscal second-quarter 2024 earnings after the bell. Take-Two has suggested it could launch in 2024. The company in May said it will enter its next phase of growth in fiscal 2025, which begins in April 2024, as it plans to “deliver several groundbreaking titles that we anticipate will set new standards of quality and success and enable us to deliver over $8 billion in Net Bookings and over $1 billion in Adjusted Unrestricted Operating Cash Flow.” GTA V was announced in 2011 and released in 2013. It remains popular 10 years later. The current release of the game, “Grand Theft Auto V,” is the second best-selling game of all time by units sold after Microsoft -subsidiary Mojang’s Minecraft. It’s developed by Take-Two subsidiary Rockstar. Rockstar’s franchises, which include Grand Theft Auto but also Red Dead Redemption, have helped fuel Take-Two’s share price growth and $23.16 billion market cap. Earlier this year, the company signaled that 2024 and beyond would be a “significant” period for the company. Investors and consumers alike have long awaited the release of the next Grand Theft Auto game. GTA V was lauded for its graphics and playing style, and to this day continues to contribute ongoing revenue to Take-Two through its online platform. In August, when the company reported its fiscal 2024 first-quarter earnings, total net bookings grew 20% year over year to $1.20 billion. Among the largest contributors, the company said in a release, were Grand Theft Auto Online and Grand Theft Auto V. Technical Analysist Price Momentum TTWO is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.Longby DEXWireNews3
Take Two | TTWO & GTA VI. Part IITakeTwo Interactive is preparing for the biggest catalyst in the company's history with the release of GTA 6. Although no definitive timetable has been set for GTA 6, the game will almost certainly release in 2024 or 2025 at the latest given all the information that has come out. Moreover, TTWO itself has started opening up about GTA 6, which is a hint that an announcement is near. The impact that GTA 6 will have on TTWO cannot be understated, given how much resources have been spent developing GTA 6 and the growing consumer frenzy surrounding the title.TTWO could see more upward momentum as GTA 6's release closes in. GTA 6 is by far the most anticipated video game in the industry's history. The game is so hyped, in fact, that individuals have crashed televised events purely to protest for the release of GTA 6. Even Starfield, which is an incredibly hyped game in its own right, had it Gamescon presentation disrupted by a fan calling for GTA 6. GTA 6 has not even been announced yet, and it seems to have fully captured the attention of the gaming world. This level of organic hype is an incredibly positive sign for TTWO and its investors. Despite the fact that GTA 5 had nowhere near the hype as GTA 6 at similar stages in their development, GTA 5 still managed to become the best-selling triple A game ever made, with ~185 million units sold. This is a testament to GTA 6's potential, both on a commercial and even cultural standpoint. If GTA 6 manages to meet or exceed consumer expectations, TTWO should see its shares surge. Given the hysteria surrounding the title, positive reviews will only supercharge demand as consumers will likely find any reason to get their hands on the game. Considering the amount of resources TTWO is rumored to be spending on developing GTA 6, coupled with Rockstar's track record of producing masterpieces, there is very little chance that GTA 6 disappoints. While GTA is TTWO's most important IP, the company also boasts a strong lineup beyond GTA. In fact, some of its other franchises are bestsellers in their own right. Red Dead Redemption, for instance, has sold more than 55 million units and continues to sell at a solid pace despite the game being nearly 5 years old. Red Dead Redemption has also been critically praised as one of the best triple A games ever made. TTWO currently has one of its most robust product pipelines in the history of the company across all of its studios. The company has even diversified into mobile gaming, which is proving to be an increasingly large segment in the gaming industry. In fact, TTWO made a huge acquisition in Zynga for a whopping $12.7 billion. Zynga is one of the largest mobile gaming studios in the world and owns massively popular IPs like FarmVille. Despite TTWO's growing pipeline, the company is still relatively top-heavy compared to peers like EA (EA) or Activision Blizzard (ATVI). This means that underperformance for its flagship franchises, especially GTA, will almost certainly cause the company's value to plummet. So much of TTWO's future prospects are dependent upon the success of GTA 6, especially considering how much revenue the game is expected to pull in. To gain some perspective on how important the GTA franchise is for TTWO, GTA has generated over $8 billion in revenue since GTA 5's release in 2013. TTWO itself is only worth ~$23 billion. GTA online, for instance, still contributes heavily to the company's recurring revenue and bookings, which came in at $1.2 billion in its most recent quarter. TTWO has a huge opportunity with GTA 6. The game has garnered unprecedented hype that is starting to grow to a fever pitch. If TTWO delivers a solid sequel, GTA 6 could potentially deliver revenues upwards of ~$20 billion over the next decade, given the revenue trajectory of GTA sequels. At TTWO's current valuation of $23 billion, the company has far more upside, given the potential of GTA 6 and the company's growing pipeline of popular titles.Longby moonyptoUpdated 1
I was watching XpertThief latest video @TTWOSo he was saying how bad and crazy it is for rockstar to partner with FiveM that they used to ban. Even tho some points he made were convincing and i decided to see who own rockstar and boom Head and Shoulder and im like is that God rn. I am literally sitting at my night job thinking about the next A+ to make some money and the perfect chart and it's on the monthly time frame so guess what? under 132 its short time and i hope the chart can hold till i get pay to get in. I am so sure by December 90 dollar. I love GTA so i will be mad if i dont make some money of this. "We cant beat the mods, so we buy the mods" LMAOO. @XpertThief go watch it. 98 first target and 70 second.Shortby menskyl96221
TTWO - Trend resumptionTTWO has been on a very strong rally most of the year and after a brief correction that rally has resumed. The $158 area could offer some stiff resistance but the air is clear till then. Great volume and price action on a day where SPY meandered.Longby timtriceUpdated 0
$TTWO Short/Puts - Earnings after Wednesday This is one of those stocks that is going down because they're going to post some bad earnings. Get ready for some serious blood on this one. Easily replaced with AI technology. They need to fire a bunch of employees and make some cuts to spending. Shortby GoldenCrowley0
$TTWO with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $TTWO after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 62.5%.Longby EPSMomentum0
Take Two 2823Gaming. Will it be bulletproof over the coming years as it usually is? More than likely test a bottom and getting a reaction. Just like crypto we are not calling for the next melt up just a trade . Bulls make money. Bears make money. Pigs get slaughtered. Dont be the pig and get greedy Some sort of announcement is building up in the charts.Longby BrandonrG112
TTWO 7/11/2022TTWO Daily chart analysis Take two? The bulls about to take a strike 3 on this one. TTWO is currently in a downtrend with price under both the 200 and 50 ema After hitting a low of 103.05, price bounced to about 134. At 134, price found resistance from the 50ema which knock price down to 122.45 At 122.45 price found support and price bounce back up again but failed to make a higher high. After bounce, Price was shot back down to support level of 122.45 At support, price has been building up, moving sideways. We now have a Double Top pattern with a build-up of price at the neckline support of 122.45. This Double Top patten also has a build-up at the 50ema Dynamic Resistance. When looking for high probability short trade, look for bearish patterns in existing downtrends. Double Top pattern + Downtrend = High probability trade. I would normally wait for price to break the neckline to confirm the Double Top pattern….BUT…. since we have a “build-up” of price at the neckline support, I feel comfortable being more aggressive and entering trade. Entering trade short. Entry: 122.67 Stop Loss: 136.04 (-10.90%) Target: 103.13, +15.93%, 1.46 RR ratio Shortby rudchartsUpdated 2
TTWO 10/10/2022TTWO Daily chart review. Taking a take two This one is straight forward. TTWO is currently in a downtrend. It’s been bouncing between 133 resistance and 121 support. Price broke down from 121 support and has now pulled back. This is my opportunity to enter trade short Entering trade short Entry: 118.67 Stop loss: 125.49 Target: 103.14 Shortby rudchartsUpdated 553
Iron Condor for a 10/28 ExpirationIron Condor for a 10/28 Expiration. (Earnings are 11/7). +1 $160 -1 $155 -1 $85 +1 $80 by zach66670
Iron Condor Idea for a Dec. 16th Expiration. RiskyThis seems risky for a number of reasons, (earnings in Nov., the eternity of time till expiration, unpredictable economy, etc.). I may place an order to try to get filled with a $1.00 limit price, (for a $100 credit), instead of taking the current $0.75 credit. Or might not. To be determined! Or it might be better just to watch and learn. Good luck! TTWO - Short Iron Condor Trade Idea: Expiration Dec 16th (107 Days from 8/31). Strike Prices to create: Long Call: $160. Short Call: $155. ------ Short Put: $85. Long Put: $80. Approx. $75 credit currently (as of 8/31). $500 Collateral. Risk:Reward Ratio: $425:$75, or 6:1. Short strikes can accommodate moves of 27% up and 31% down from close price on 8/30.by zach66670
t2 tech stocktech stock has been rally for a while , big crash are coming for next week and big opportunity to get rich Shortby bosfiqfx81
TTWO - 40 % Shorting Opportunity is Soon to Present Itself?Fundamental Indicators: Sector – Communication Services US Business Cycle Stage – late cycle, when this sector is neutral Revenue- consistently growing since 2015, average 5-year rate at 16% Profits – significantly dropped compared to 2021 by circa 60% Net margin - significantly dropped compared to 2021 to 4.26% P/E – extremely high at 131 compared to S&P500 with 21 Liabilities - debt ratio is at 0.46 which is within normal limits, Net Debt/ EBITDA is at 3.06 – no problems with debt Conclusion – it is very likely to continue correcting deeper Technical Analysis (Elliott Waves): Main scenario of this idea suggests that we are still observing development of the global growth cycle which is currently in the corrective stage of wave 4 (see higher timeframe graph) The bear move that has been developing since the historic high is likely to be just the first leg of this global wave 4 which can be counted as a complex WXY sequence. Where wave W is a double zig-zag, wave X is a Running Triangle, and wave Y has seen its W and X legs almost completed The target for the final wave Y is around $86 which is at the 0.618x Fibonacci retracement level of global wave 3 This is a higher timeframe to reflect the full history of TTWO and to provide full wave count: What do you think about TTWO and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. Thanks Shortby vitalalyt113
$TTWO with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $TTWO after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 57.14%. Longby EPSMomentum1
TTWO - Wedge to Return Price Back to ChannelA slight falling wedge can be drawn on chart as price slightly moves out of the bottom of the channel The arrow indicates a return back to the channel which is what I think will occur Falling Wedge patterns often end up with a bullish resultby Bixley4
Hanging in There/Head and ShouldersTTWO is at resistance, or very close. There are two head and shoulder patterns above price and only recently has price saw a significant decline. Sloping neckline at 2nd H&S top. Yesterday there was a bullish engulfing pattern. This is a 2 candle pattern. Today there was a move up which many consider confirmation of the engulfing pattern. Then the candle pattern becomes a 3 outside up, which is a 3 candle pattern. Unfortunately price is closing in on a Resistance level. If price breaks this resistance level, then there will be another level, and another, and another which can make a climb back to the top extremely difficult. Short percent is 11.6% to 12.74% depending on where you look. Short is up 21% today possibly due to the level of resistance overhead. This stock does not appear to be going down without a fight. EPS (FWD) 4.84 PE (FWD) 25.52 Div Rate (FWD) - Yield (FWD) - Short Interest 12.74% Market Cap $12.79B No recommendationShortby lauralea1
TTWO Entering Underbought Territory in Potential Swing Play TTWO stock grew by +3.71% on Friday , stock opened at $132.13 and closed at $136.41, stock is working below 20 EMA shows that stock is bearish in nature and RSI is at 38 that shows stock is at best place to make an fresh entry. For better risk and reward make entry in this stock when it cross 20 EMA in daily chart. You can invest in this stock for short as well as long run. The average traded volume of this stock is 1.969M/day. The current market cap of this company is $15.749B. They will report fourth quarter and fiscal year 2022 ended March 31, 2022, after the market close on Monday, May 16, 2022.by Technalysis10
24/3/2022 NASDAQ (TTWO)Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price. Entry Price: $149.12 Target Price: $146.44 Stop Loss: $154.48Shortby Airecap_HyperUpdated 110