Take-Two Interactive Software - Shares fall 16%
Friday, August 03, 2007
Chart courtesy of stockcharts

Shares of Take-Two Interactive Software were down more than 16% closing at $14.16 after comapny warned the market that it would delay its most important upcoming video game, "Grand Theft Auto IV", and that it would post a full-year loss. Looking at the daily chart stock breakdown an important resistance at 15.60$ and is probably will test the major support at $13.36. Stock is in a Bearish market, trading below 13 , 50 , 200 daily moving average.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

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posted by Pro Investor Trader at 2:34 PM | Permalink


1 Comments:


At 5:40 AM, Blogger Abel

TTWO looks alike HeadShoulder pattern, you can spot high climas as head and easily then see left and right shoulder placed. Nice 200 breakdown.

Regards,

http://just-charts.blogspot.com/