Twentysomething

  • April 26, 2002
  • Duke Heberlein

In a strongly trending stock, the 20-day moving average is a good spot to
look for a pullback to resume its trend. If the trend is in fact still intact,
that is a good pivot point for the stock to turn around.

 

11:27:28

Take-Two Interactive (TTWO)
is pulling back to the 20-day moving average. TTWO is currently down 0.15 to
22.87 and is holding a

3-month relative strength rank of 91 with an uptrending

ADX of 32 from TradingMarkets.com.

 


 

Now we will see if the stock has another push higher left in it.
Remember to wait for follow through and have stops in place if you are wrong.

Have a great weekend,

Duke