• Return to Headlines

Look for Shares of Take-Two Interac to Potentially Rebound after Yesterday's 1.98% Sell Off

By James Quinn

Take-Two Interac (NASDAQ:TTWO) traded in a range yesterday that spanned from a low of $89.80 to a high of $90.82. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $92.65 on volume of 1.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Take-Two Interac have traded between a low of $84.41 and a high of $139.91 and are now at $90.82, which is 8% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has slid 0.3%.

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