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Take-Two Interactive Software Bullish Moving Average Crossover Alert (TTWO)

By Amy Schwartz

Take-Two Interactive Software (NASDAQ:TTWO) shares have crossed bullishly above their 10-day moving average of $67.47 on a volume of 438K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Take-Two Interactive Software has traded in a range of $24.01 to $70.53 and is now at $67.73, 182% above that low. The 200-day and 50-day moving averages have moved 0.21% higher and 0.14% lower over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Take-Two Interactive Software on October 24th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $45.60. Since that recommendation, shares of Take-Two Interactive Software have risen 45.9%. We continue to monitor TTWO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Take-Two Interactive Software

Ticker(s): TTWO