Take-Two Interactive Software, Inc. (TTWO) stock advanced in its latest intraday trading, confirming the breakout above the key resistance level of 245.00, which had been our previous price target. Continued positive momentum is supported by trading above its prior 50-day SMA, while the main bullish trend remains in control with movements along a short-term upward slope line. Additionally, a positive crossover has begun to appear in the Stochastic indicators, after the stock successfully unwound its earlier overbought levels, giving it more room to advance.

Therefore, we expect the stock to rise in its upcoming trading, especially as long as it remains above 245.00, to then target its next resistance at 263.00.

Todays price forecast: Bullish.