Two stocks are waving a bearish red flag, but traders see opportunity to buy on weakness

CNBC2021-05-06

A handful of stocks are waving a bearish technical red flag. Take-Two Interactive,BiogenandAmazonare among the names that have seen or could be approaching their 50-day moving average pulling below ...

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Comments

Muffingal
2021-05-07
Muffingal
Be safe then to be sorry
- Yangie:
  Totally agree
SSVC
2021-05-07
SSVC
Yeah.. Appreciate your response and comments Thanks
- SSVC:
  [握手]
- deeplearning:
  done, please like and reply~
EsmeT
2021-05-07
EsmeT
When will it be release hmmm?
jonbeloved
2021-05-07
jonbeloved
Buy at own risk
- CcccL:
  Yar
- Weijielim:
  ok
asdine
2021-05-07
asdine
Comment pls
- aiyohyun:
  ok
- jonbeloved:
  Done
Eded
2021-05-07
Eded
Amazon intrinsic value should be higher . Now an oppportunity. Please like and comment
- MayTan:
  Agreed totally.

Leave a comment

274

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But long term, it has Grand Theft Auto 6 coming out which is going to be probably the single biggest blockbuster hit in the history of gaming,\" Boris Schlossberg, managing director of FX strategy at BK Asset Management, told CNBC's \"Trading Nation\" on Wednesday.\nRockstar Games, owned by Take-Two, has not officially confirmed GTA 6. The last, GTA 5, was released in 2013. Its other profitable franchises include Red Dead Redemption.\n\"Any savvy investor is going to buy the dip at this point, because long term I think the prospects with Take-Two are very, very, very strong,\" said Schlossberg.\nTake-Two entered a death cross in late April when its 50-day moved below its 200-day. The shares are down nearly 20% this year.\nGina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors, is banking on Amazon despite its recent weakness.\n\"It is a staple in our portfolio at Lido Advisors, partially because the trend toward e-commerce was already well established beforethe pandemic– the pandemic just brought in the late adopters and forced them to the party – but they also have their cloud play, which was up 32% this quarter, and that you cannot ignore,\" Sanchez said during the same interview.\nAmazon has not yet entered a death cross, though the two trend lines are closing in on one another. Its 50-day sits at less than $3,207 and its 200-day just above $3,201. The shares are less than 1% higher for the year.\n\"Even though we're seeing some pullbacks, which I think is natural, I think that this stock still has a lot of room to go,\" said Sanchez.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":104330866,"gmtCreate":1620354211155,"gmtModify":1704342439786,"author":{"id":"3578526149260573","authorId":"3578526149260573","name":"Muffingal","avatar":"https://static.tigerbbs.com/8912d7c784a51214590f1c8369ef03de","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3578526149260573","authorIdStr":"3578526149260573"},"htmlText":"Be safe then to be sorry&nbsp;","listText":"Be safe then to be sorry&nbsp;","text":"Be safe then to be sorry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104330866","repostId":1116905516,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4250630,"gmtCreate":1620366175423,"gmtModify":1680787422495,"authorId":3582779426446979,"author":{"id":3582779426446979,"idStr":"3582779426446979","authorId":3582779426446979,"name":"Yangie","avatar":"https://static.tigerbbs.com/7aa57400229f182eb5fabc5e93a856b8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104330866,"type":1,"supId":0,"prevId":0,"content":"Totally agree","text":"Totally agree","html":"Totally agree"}],"langContent":"EN"},{"id":104304694,"gmtCreate":1620353584218,"gmtModify":1704342424537,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"Yeah.. Appreciate your response and comments Thanks&nbsp;","listText":"Yeah.. Appreciate your response and comments Thanks&nbsp;","text":"Yeah.. Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/104304694","repostId":1116905516,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4261106,"gmtCreate":1620449647438,"gmtModify":1680787595137,"authorId":3574906731000207,"author":{"id":3574906731000207,"idStr":"3574906731000207","authorId":3574906731000207,"name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104304694,"type":1,"supId":4259094,"prevId":0,"content":"[握手]","text":"[握手]","html":"[握手]"},{"id":4259094,"gmtCreate":1620439795638,"gmtModify":1680787561772,"authorId":3574295750075516,"author":{"id":3574295750075516,"idStr":"3574295750075516","authorId":3574295750075516,"name":"deeplearning","avatar":"https://static.tigerbbs.com/d2aba15d86bd565c323909be00778983","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104304694,"type":1,"supId":0,"prevId":0,"content":"done, please like and reply~","text":"done, please like and reply~","html":"done, please like and reply~"}],"langContent":"EN"},{"id":104921250,"gmtCreate":1620350850270,"gmtModify":1704342364284,"author":{"id":"3583324925442360","authorId":"3583324925442360","name":"EsmeT","avatar":"https://static.tigerbbs.com/2de5124e6af354a5501487b248f6a83b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583324925442360","authorIdStr":"3583324925442360"},"htmlText":"When will it be release hmmm?&nbsp;","listText":"When will it be release hmmm?&nbsp;","text":"When will it be release hmmm?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104921250","repostId":1116905516,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104907419,"gmtCreate":1620348313631,"gmtModify":1704342290627,"author":{"id":"3560138341869725","authorId":"3560138341869725","name":"jonbeloved","avatar":"https://static.tigerbbs.com/1312ffb19627a11a2ad03b49693f53dd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3560138341869725","authorIdStr":"3560138341869725"},"htmlText":"Buy at own risk","listText":"Buy at own risk","text":"Buy at own risk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/104907419","repostId":1116905516,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4269549,"gmtCreate":1620542938501,"gmtModify":1680787718437,"authorId":3566877420609993,"author":{"id":3566877420609993,"idStr":"3566877420609993","authorId":3566877420609993,"name":"CcccL","avatar":"https://static.tigerbbs.com/27eb54773a8f0b3851def7cabc15cb0e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104907419,"type":1,"supId":0,"prevId":0,"content":"Yar","text":"Yar","html":"Yar"},{"id":4247815,"gmtCreate":1620348959696,"gmtModify":1680787388921,"authorId":3569829429894333,"author":{"id":3569829429894333,"idStr":"3569829429894333","authorId":3569829429894333,"name":"Weijielim","avatar":"https://static.tigerbbs.com/f15e78cf1614d5802ab8dfb0d542754d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104907419,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":104905149,"gmtCreate":1620348183981,"gmtModify":1704342287725,"author":{"id":"3582074828081294","authorId":"3582074828081294","name":"asdine","avatar":"https://static.tigerbbs.com/1de6a3b69cd62b99233606d7c5500508","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582074828081294","authorIdStr":"3582074828081294"},"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/104905149","repostId":1116905516,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4254342,"gmtCreate":1620396835914,"gmtModify":1680787493966,"authorId":3582936698066263,"author":{"id":3582936698066263,"idStr":"3582936698066263","authorId":3582936698066263,"name":"aiyohyun","avatar":"https://static.tigerbbs.com/5efe05924fc38dd8db647c314e32c5b2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104905149,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":4247592,"gmtCreate":1620348288904,"gmtModify":1680787379090,"authorId":3560138341869725,"author":{"id":3560138341869725,"idStr":"3560138341869725","authorId":3560138341869725,"name":"jonbeloved","avatar":"https://static.tigerbbs.com/1312ffb19627a11a2ad03b49693f53dd","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" 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should be higher . Now an oppportunity. &nbsp;Please like and comment","listText":"Amazon intrinsic value should be higher . Now an oppportunity. &nbsp;Please like and comment","text":"Amazon intrinsic value should be higher . Now an oppportunity. Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104075007","repostId":1116905516,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4248767,"gmtCreate":1620353261811,"gmtModify":1680787405918,"authorId":3573019619191060,"author":{"id":3573019619191060,"idStr":"3573019619191060","authorId":3573019619191060,"name":"MayTan","avatar":"https://static.tigerbbs.com/808e2dbe5d70103ebf181c1496a31644","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104075007,"type":1,"supId":0,"prevId":0,"content":"Agreed totally.","text":"Agreed totally.","html":"Agreed totally."}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":274,"commentSize":70,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1116905516"}