| Take-Two Interactive Software (TTWO) -- Daily |
Updates on Previous Picks
- Christopher & Banks (CBK)
did not set up last week. The entry strategy for this trade is to see price move back up to $19.50, with a stop at $21.10. This offers $1.60 in risk. The first profit target would be placed at $17.90, which would satisfy the 1-to-1 reward/risk ratio. The second profit target would be placed at $15.25. If the price closes under $16.90 without first offering an entry, this trade setup is no longer valid. Shares closed at $18.10 Monday.
- FiberTower ( FTWR) still hasn't reached
its entry point, and too much time has passed. This trade is no longer valid and has been taken off the Watch List.
- PetMed Express (PETS - Get Report) is
still open with the entry at $12.80. The stop should be lowered to $13.15. Partial profits were taken at $11.35, and the final target remains at $9.50. Shares closed at $11.32 Monday.