(Finance) – Lively session today for Take-Two Interactive Softwarewhich saw a 2.67% gain after the video game maker said it expected revenue to increase over the next two fiscal years.
The trend of the stock analyzed on a weekly basis shows a similar trend to that of the Nasdaq 100. This means that the stock is supported by market elements rather than by news related to the company itself.
Analyzing the scenario of the global video game distributor an extension of the bearish phase is highlighted at the test of the support of 140.7 USD. First resistance at 145. Expectations are for an extension of the negative line towards new lows at 138.8.