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SmarTrend Watching for Potential Pullback in Shares of Take-Two Interac After 2.01% Gain

By Amy Schwartz

Take-Two Interac (NASDAQ:TTWO) traded in a range yesterday that spanned from a low of $123.27 to a high of $125.58. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $124.43 on volume of 498,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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.

In the past 52 weeks, Take-Two Interac share prices have been bracketed by a low of $73.82 and a high of $129.25 and are now at $125.37, 70% above that low price. The 200-day and 50-day moving averages have moved 0.27% higher and 1.20% higher over the past week, respectively.

Keywords: rebounders take-two interac

Ticker(s): TTWO