TRADING TIPS

TTWO Long Setup and 2 Targets

Hubert Senters here. Let’s take a look at another good looking long here in take Two Interactive Software. Stock symbol is TTWO. Now, the ADX is a little concerning. It’s not above $20. But it’s heading that way and you can see two days above the cloud. It is approaching this resistance area and it acts like it’s going to clear it. And you can see that the ADX is headed towards $20 so I think we can work with that. You don’t always have to have it above $20. it just definitely increases your confidence when it is above $20 it means trending usually. So let’s see if we can figure out a decent target. I don’t know if I can with fibs and make it work. It’s not perfect but it will give us a couple of easy targets to go for. Currently it’s close trading at $175.19. nnext week target will be $181 and $186. Mark Helweg is going to be doing a webinar next Tuesday on ”The Simple Way to Trade These Complex Market Conditions” I’m going to LINK you to his registration page. If you’re interested in that type of stuff register yourself and then show up. Good luck. Hope it helps. See you on tne next video. Hubert.

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