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TTWO
Benzinga
193 days

Stock Of The Day: Is The Take-Two Rally Almost Over?

1. Take-Two shares surged after positive earnings report but may face resistance. 2. Price may struggle around past peak of $215 due to sell orders. 3. Management's Shelf Registration indicates potential share issuance for capital. 4. Historical resistance levels can impact current trading decisions negatively.

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FAQ

Why Bearish?

Resistance at historical peaks can lead to selling pressure on TTWO.

How important is it?

Overall earnings are positive, but historical price resistance may hinder future gains.

Why Short Term?

Resistance could affect stock price in the immediate trading sessions.

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