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After Yesterday's Decline of 4.86%, Take-Two Interac Offers Investors Better Value

By David Diaz

Take-Two Interac (NASDAQ:TTWO) traded in a range yesterday that spanned from a low of $106.10 to a high of $111.63. Yesterday, the shares fell 4.9%, which took the trading range below the 3-day low of $111.97 on volume of 3.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Take-Two Interac share prices have moved between a 52-week high of $129.25 and a 52-week low of $35.00 and are now trading 206% above that low price at $107.14 per share. The 200-day and 50-day moving averages have moved 0.21% higher and 0.14% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Take-Two Interac and will alert subscribers who have TTWO in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders take-two interac

Ticker(s): TTWO