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Take-Two Interac Rises 2.10% on Heavy Volume: Watch For Potential Pullback

By Shiri Gupta

Take-Two Interac (NASDAQ:TTWO) traded in a range yesterday that spanned from a low of $115.00 to a high of $118.73. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $114.94 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Take-Two Interac on May 2nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $105.06. Since that recommendation, shares of Take-Two Interac have risen 9.2%. We continue to monitor TTWO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Take-Two Interac share prices have moved between a 52-week high of $129.25 and a 52-week low of $70.39 and are now trading 66% above that low price at $116.65 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.0%.

Keywords: rebounders take-two interac

Ticker(s): TTWO