TTWO trade ideas
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
TTWO - inside daily candle - 11/16/2020set you 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) Take Two Interactive A good looking technical trade seems to of appeared with TTWO its on the trend line and if begins to follow suit it shall push forward, along with lock down and people staying in, online games are a huge advantage right now so that all stands in its favour... I have placed a buy order just above the last closed 4hr candle @ (166.80) ready for its push and a stop loss @ (163.00) just in case it wants to go against the trend.
Take Two Interactive (TTWO) - Inverse H&S Crossed 20 EMA
RSI close to midpoint 53.34
only problem is volume seems rather low
Popular games on their roster include: NBA 2K, WWE 2K, GTA, RDR, Sid Meyer Civilization
These are just my observations and not meant to be taken as financial advice.
TTWO Upside breakoutJust broke out in the last 4 hrs, opened starter position with calls to be added with more confirmation. Tight stop loss 1% at upper triangle bound.
$TTWO potential breakout setup after nice run $TTWO making new consolidation base and ready for next run
I am not a bear, but...Well, this looks bearish to me. That's it.
I play this game with vertical calls. I plan to sell 160.5 calls @9.90 and buy some 165 calls @165 (Nov20 Expiration).
Next strong support zone: 150.12-147.10
$TTWO symmetrical triangle$TTWO strong gap up on earnings and consolidating in a symmetrical triangle.
I've posted many similar setups in the past (see $SQ, $HD, $WSM)
$TTWO Take Two Bullish Pennant$TTWO Take Two Bullish Pennant
Appears to be holding 20d ema line as support. Monitor for a breakout and close above upper trendline.
Medium term target: $200-$205 range by early Nov
Note: Not investment advice.
