TTWO Take-Two Interactive Daily Chart; Inverted H&S

TTWO has been ridden hard and put away wet. The shrinking violet suffers from the videogame blues. One day the kids like one game and you are on top of the world, the next day you are a chump. What are you going to do when your master is the fickle youth? Take Two is setting up with an inverted H&S (head and shoulders) pattern. Keystone bot some. The head is at 84 and neckline at 89 so 94 is the target if price breaks out above 89. If price falls below 85, the trade will likely be ditched.

Price needs to touch the middle band at 89.37 and falling and if that happens perhaps it can provide a spark for the H&S. Keystone will not stick around too long in the trade but can give it a few days to see if it has any juice. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.