Video game stockTake-Two Interactive Software Inc (NASDAQ:TTWO) is trading 1.5% higher at $209.29 this afternoon. The stock's September pullback found support at the $200 level, and while the shares have been struggling to stage a meaningful rebound, a historically bullish long-term trendline could signal more upside ahead. Per Schaeffer's Senior Quantitative Analyst Rocky White, TTWO is trading within 3% of the 40-month moving average, after closing above this trendline every day for the past five months. This setup has occurred four other times over the last 20 years, after which the stock was higher three months later 75% of the time, averaging a 9.3% gain.
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