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Technology Stocks : THQ,Inc. (THQI)

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To: JGreg who wrote (13302)2/11/2000 6:24:00 PM
From: Dennis K. Showers  Read Replies (3) of 14266
 
I have been holding my breath all afternoon. I just got home and although I have not yet downloaded my charting info. I will say this. HAMMER! The formation was confirmed today. At this point it looks 'testbook'. I believe that a reversal has just taken place for the reasons given last night. I believe we have seen the bottom. I also believe that the volume was great enough to be considered significant. We may not go up from here (I think that we will) but we should not go below yesterday's low. By that I mean that we could trend sideways, but the current trend, down, should be ended. I will post later tonight and show some examples of past hammers if I can find them in THQI's chart. This is a very powerful chart symbol. I am very pleased.

Whitetail
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