Take-Two Interactive Jumps 3.29% as Technicals Signal Bullish Breakout Potential

Take-Two Interactive (TTWO) rose 3.29% in the most recent session on September 2, 2025, closing at $240.95, which positions the stock near the upper boundary of its recent trading range and signals a potential challenge of prior resistance levels.
Candlestick Theory
The September 2 candle displays a long bullish body (low: $229.33, high: $241.08, close: $240.95), representing strong buying pressure after a consolidation phase. This pattern, emerging near the swing low of $216.34 (August 8), suggests a potential bullish reversal. Immediate support rests at $230–$233 (August 25–29 consolidation zone), while resistance lies at $241.08–$243.18 (recent high and July peak). A sustained close above $243.18 would confirm bullish breakout momentum.
Moving Average Theory
The 50-day moving average (MA) has recently crossed above the 100-day MA, signaling improving intermediate momentum. The current price ($240.95) trades above all key MAs—50-day, 100-day, and 200-day—which are now aligned in ascending order, indicating a bullish long-term trend structure. However, the 200-day MA slope remains neutral, suggesting the broader recovery requires further confirmation. A decisive break above $245 would solidify the bullish MA configuration.
MACD & KDJ Indicators
The MACD histogram shows increasing positive momentum, with the MACD line sustaining above its signal line, reinforcing near-term bullish sentiment. Meanwhile, the KDJ oscillator (%K: 99, %D: 92) reflects extreme overbought territory. While this warns of potential short-term consolidation, the bullish MACD divergence during August’s recovery tempers bearish implications. Confluence exists in directional momentum, but the KDJ’s overbought reading against rising MACD highlights divergence risk for tactical traders.
Bollinger Bands
Price has pierced the upper Bollinger Band ($238) amid band expansion, indicating elevated volatility and strong bullish conviction. Historically, such breaks preceded sustained moves when accompanied by high volume (observed September 2). The middle band (20-day MA) near $230 now serves as dynamic support. Continued band expansion alongside price holding above $238 supports upside continuation.
Volume-Price Relationship
The September 2 rally occurred on above-average volume (1.86M shares vs. 20-day avg: 1.4M), validating buyer conviction. The August 8 sell-off (volume: 5.6M shares) marked capitulation, while subsequent recovery phases saw volume spikes (e.g., August 12: 2.44M), confirming accumulation. Current volume profile supports bullish sustainability, provided average volume persists near or above 1.5M shares.
Relative Strength Index (RSI)
The 14-day RSI at 75 resides in overbought territory but without negative divergence—RSI aligns with the price’s higher highs. While RSI >70 typically signals overheating, the indicator’s resilience above 50 during recent pullbacks suggests underlying strength. Caution is warranted for near-term consolidation, though the absence of bearish divergence implies limited reversal risk below $230.
Fibonacci Retracement
Using the swing high of $245.08 (June 24) and swing low of $216.34 (August 8), key Fibonacci levels are $223.12 (23.6%), $227.32 (38.2%), $230.71 (50%), and $234.10 (61.8%). The price has reclaimed the 78.6% retracement level ($238.92), positioning it to test the $245.08 all-time high. This bullish structure gains confluence from volume-supported momentum, though overbought oscillators suggest potential resistance tests near $245 before a decisive breakout.
Confluence and Divergence
Significant confluence exists between volume-supported price action, Fibonacci breakouts, and moving average alignment, reinforcing bullish bias. Divergence is noted in the KDJ’s overbought extreme against sustained MACD momentum—a warning for near-term consolidation but not reversal while price holds above $238. Probabilistically, TTWO may challenge $243–$245 resistance, contingent on volume stability and RSI holding above 60 during pullbacks.