$TTWO (Take-Two Interactive): Consolidation before GTA 6 in NOV

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$TTWO (Take-Two Interactive): Consolidation before GTA 6 in NOVTake-Two Interactive Software, Inc.BATS:TTWOColdBloodedCharterThis could be one of the more interesting short-term investments for the second half of 2026 - Take-Two Interactive is just five months away from launching GTA VI. Position #8: TTWO - update First of all, it's worth knowing that the next earnings report is already on August 7, and a large part of the community is expecting Trailer #3. Trailer #2 came out well over a year ago. A new trailer isn't guaranteed, but it would be both logical and quite likely - Rockstar has to start building the hype. From an investor's perspective, the numbers will matter much more - and the most important number will obviously be pre-orders. Looking at the main weekly chart, the key story is the accumulation range between $188 and $266. Last week we saw a new ATH, which was quickly rejected, and the stock is now trading about 9% below that record. What's funny is that the price is only around 12% above the previous ATH from 2021. Five long years since the launch of Cyberpunk, and the stock is basically trading in the same area. That immediately makes me think one thing - I believe these shares will have to be sold with good timing, probably during the launch week. GTA VI is likely to be the biggest video game release in history, and it will probably end the way these events usually do - "sell the news." That's my exit plan. As for the entry, I've personally bought two tranches, just as planned in my previous post, at $218 and $214.5, and I'm considering adding another one or even two. I see two possible scenarios where increasing my exposure makes sense. The first is obviously a breakout above the current ATH ($266). A breakout from the yellow box on my chart gives a measured technical target of $344 - at that point, we could describe it as a continuation of what is most likely the ongoing Elliott Wave 5. The second scenario worth considering is a correction after the recent rejection. The $217-$236 zone would look very attractive, as long as the rising trendline continues to act as support. The final period leading into the launch will likely be a classic Phase of Excess in Dow Theory. I also think November could mark the beginning of a bear market for this stock. The bull market on this ticker has been running since November 2022 (from the bottom around $90), so by then it would be almost exactly four years of gains. Not financial advice, just my blog. 💙👽