TTWO Long... Once the $188 area is clear see next point. Obviously this wild market... Anything can happen.
TTWO trade ideas
TTWO off the Ichimoku cloudPicked up shares of NASDAQ:TTWO for long term holdings off the bottom of the Daily Ichimoku cloud.
TTWO may go up based on good earnings and inceased volumeTTWO generally has a good upward trend.
Earnng were good and volume has increased.
Might be good to add long term and hold.
Traditional|TTWO|LongLong TTWO
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
earning: Take-Two Interactive SoftwareTake-Two Interactive Software, Inc. is an American video game holding company. Investors are hoping that the elevated player engagement trends that occurred during the pandemic will carry into 2021. when we look at a forward price-to-earnings (P/E) ratio of 37, the shares might be a bit overvalued. From a technical standpoint, the stock has been on a nice uptrend, creating a base rally, base rally formation. we currently broke out of a nice inverted head and shoulder to bring us over the 200 dollar mark. Now that we are at a nice bull flag---- also a nice double bottom pattern, can earnings break above 212-216. i am expecting a price tgt of 220 post earning but ofc earning can go 50/50. we may expect a slowdown in growth based on a decrease in recurrent consumer spending on grand theft auto,2k21, and many others and so many others. if we can overcome that, that should provide the stock with more uptrend momentum. also, one key thing to watch out for is their profit margin. Ultimately, investors love to see growth in profits, especially when that growth is coming from a balance of top-and bottom-line gains. Take-Two reported a net profit increase of 21% in fiscal 2020. The company grew profits by 88% in the fiscal first quarter of 2021 and 37% in fiscal Q2.
FYI::::::::Take-Two has benefited enormously from the shift to digital distribution of games, including recurrent consumer spending. Since digitally delivered content carries higher margins, the growth in recurrent consumer spending should bolster the company's profitability over the long haul. THIS IS NOT FINANCIAL ADVICE- THIS IS USING THE FUNDAMENTALS AND A BIT TECHNICAL ANALYSIS TO GO INTO EARNING--PLEASE DO REMEMBER THAT EARNINGS ARE 50/50
TTWO - February 6, 2021TTWO has earnings after the bell on Monday. After ATVI posted fantastic results, TTWO also has opportunity to impress. Tight consolidation in this flag, a break to the upside can send it legging higher.
TTWO - Technical MarkupSomeone asked me to do a markup on this ticker as well - figured I'd post it too.
TakeTwo maybe taking a break #stocksDespite having a bullish bias in the overall market, I will always look for potential short opportunities to offset long equity exposure. TTWO looks like it might be a decent reversal play to the downside after breaking the uptrend line that comes from the previous range breakout. I am not bearish on he company or the video game sector, but there is always sector rotation and this stock could be a victim in the near term. It was definitely a COVID play but as vaccines are being distrusted, there could be a little less demand at the margin for video games even if the secular trend is still positive. Not sure if we will retest the range high and I am not sure if I want to hold the short into earnings but to sell here with a stop above the highs at 212 might be a trade worth taking
2021 Actual Trade: TTWO +19% Profits
11/06 was the first hint that TTWO quickly approached 180. Its pullback for the next 3 weeks offered opportunity to wait for its second arrival to around 175-180 range.
11/25 was the day that TTWO accumulated its upside power to come back to near 180 level.
We were ready to get in 11/25 at 174.28 when rallied just about to start
At the same time holiday day season started, TTWO were also climbed straight up for the entire December. We closed 01/03, the first trading day of 2021 for a smooth +19% profits.
9/13 on the weekly comingIt's a good time to take profits on TTWO with a 9/13 coming on a weekly time frame. I still really love this stock long term and believe a good buying opportunity is coming. I'm looking for a retest of the $180 level.
$TTWO #TTWO Daily Double Inside Candle BreakoutLooks like upside to the 188 level In TTWO near future. Will enter at close of day if TTWO stays above $181.48 breakout level. No defined stop loss, but will be watching this closely and would probably stop out any close under the $181.48 level. Not financial advice, merely a punting opinion.
TTWO - November 29, 2020Take-Two Interactive Software is a leading game developer and publisher through its labels Rockstar Games, 2k, Social Point and Private Division. The total gaming industry reached a record $11.2 billion in the third quarter of 2020, creating a 45.10% increase in TTWO since this time last year. Expect to hold TTWO for major returns with the anticipation of new game releases further catalyzing the market.
TTWO - daily inside candle - 11/23/2020set your alerts at Today's high/low. if it breaks with volume , expect it to continue on to the target set on that side of the break.
#TTWO $TTWO
TTWO Bullish Trade Setup (Leaps or Verticals)TTWO current consolidation pattern presenting some good opportunity to establish some Leaps expiring 2021. Current support level for wave (4) at 149.5 setting up for a medium term wave (5) rally that could last for months. Check Video Update for exact trade execution details
$TTWO gamers Lockdown + winter + holidays + ps5 very bullish for gamer stocks my favorite being $TTWO
Short term 11/20 $170 calls .50
