Take-Two: Tug of war

Take-Two has continued to move sideways above the $130.34 mark over the past two weeks. We primarily expect a resumption of the rise into our beige Target Zone (coordinates: $241.59 - $257.87) to end the beige wave (B) there. However, an alternative scenario (33% likely) will come into play if the stock falls below support at $130.34 which calls for a direct drop to end blue wave alt. (II).