TTWO

Uh, next up into Take 2 Interactive. Now, this has a little bit different of a twist. This, uh, company does uh, create Grand Theft Auto, which is due for a heavy release in November.

One that's been anticipated for well more than a decade, guys. This, too, is anticipated to be the biggest game launch ever. And, uh, which means big big money.

And investors are asking me if they should buy Take-Two Interactive stock before this game launches. Grand Theft Auto is arguably the most successful gaming franchise in history.

They've sold collectively 230 million units worldwide in Grand Theft Auto 5 and before.

So, investors are highly anticipating this launch as a catalyst that could boost the company's revenue and profits and cash flow. So, even before the launch of GTA 6, Take-Two Interactive has done a solid job increasing revenue.

Uh next up on uh to Take-Two Interactive guys. Now, this stock does make the uh very much highly anticipated Grand Theft Auto 6 that is due to be released November 19th of this year.

Now, most recently, you could see today down 6.67% pretty decent decline. Now, this was on the back of news that there was some leaked uh uh footage of gameplay that wasn't necessarily uh validated, thinking that there could be copies or duplicates of the game, and more or less just some investor anxiety because this stock has been bubbling up near the all-time highs on the anticipation of this game being released.

Daniel, I'm so thrilled that you brought this up. TTWO, Take 2 Interactive, down 6%. Now, this is the parent company for Grand Theft Auto 6. We they had I guess uh was it Friday or it was Thursday, they had that video about what Grand Theft Auto 6 was going to be like.

A lot of people on on the internet liked it. Um Take 2 actually went higher uh when that video was released. Had kind of a meh day on Friday, but today resuming lower. My thought is that this does go lower with all of the controversy or controversy as our European folk like to say regarding the game.

Um, so I'm not surprised to see this move. Take two down 6%.

We're looking at Take 2. This is the the beast um company that makes uh the long awaited GT6 arrival. And since the pre-order high, we've been starting to grind down and still selling off the past two days as there was some news that there was some leak with the gaming footage and uh Grand Theft Auto negated it, whatever.

Um still selling off. So kind of flat today, kind of printing a dogee candle, which is kind of like a standoff between uh sellers up here and buyers down here. It's kind of an indecisive moment.

So curious to see on that. But I'm looking at this downs sloping trend line that now has got seven six to seven hits repeatedly right in this action. So curious to see if this would and should break to the upside.

If it does, it's going to have to get past this pivot top here at 24625. um and could be a uh level to fade to the downside. And here we have this ups sloping trend line one just two hits.

Um so look for this level actually. No, I don't like that. Excuse me. Um yeah, when I when I talk have a valid trend line, I like three hits. So yeah, that was my mistake on that one.

Um support-wise, I'm still looking at this 22702 for support for take 2 TTWO.