TTWO's last stand

23 mar 2018

TTWO is on very thin ice right now. TTWO has be under-preforming the other game stocks for the last few weeks. The breakout i previously predicted looks like a textbook blow-off top. There is not a lot of support below $100 and once that breaks i expect it to move quickly to the low 80s / high $70. Fib support (.5) and the 100 unit moving average await this wounded soldier. I expect we at least have a solid bounce in this area.