Buy Alert: March 6, 2015
Buy Alert: March 6, 2015
Trade Details
Buy Take-Two Interactive Software (TTWO) April 18th 25 Calls for $1.25 or better (lower)
Why?
TTWO is a gaming software producer with several mega-hit games under its name. The company has a couple significant releases in the coming month which could give a much needed boost to revenues. The stock is also nearing the key technical support level of the 200-day moving average, and looks ready for a rebound.
We’re going to buy April calls on TTWO. Conservative investors can take profits at $27. Aggressive investors can hold up to $29. For risk control, conservative traders should exit at $23.50, while more aggressive traders can hold down to $22.
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Category: OTW Buy Alerts
