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.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.