Take-Two Interactive Software
Three-Month Average Volume: 2.08 million
Volume % Change: 147% >>5 Rocket Stocks to Buy in August From a technical perspective, TTWO spiked higher here and broke out above some past overhead resistance levels at $17.35 to $17.54 with above-average volume. Shares of TTWO also flirted with some more resistance at $17.58 and the stock tagged new 52-week highs. At last check, shares of TTWO closed a bit off its intraday high of $17.84 and volume was well above its three-month average action of 2.08 million shares. Traders should now look for long-biased trades in TTWO as long as it's trending above some support at $16.50 and then once it sustains a move or close above Wednesday's high at $17.84 with volume that hits near or above 2.08 million shares. If we get that move soon, then TTWO will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $20 to $25. To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr. -- Written by Roberto Pedone in Delafield, Wis.
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