Don't Ignore This Chart!

SCTR Line Surges for Take-Two $TTWO

Take-Two Interactive ($TTWO) is showing relative strength with a triangle break earlier this week and break above its October highs today. Notice that the StockCharts Technical Rank (SCTR) broke out just before the triangle break and surged above 70 this week. TTWO is part of the S&P SmallCap 600 ($SML).

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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