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Technology Stocks : THQ,Inc. (THQI)

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To: Todd D. Wiener who wrote (3315)2/7/1998 11:16:00 AM
From: AreWeThereYet  Read Replies (1) of 14266
 
Todd,

>> I think the best moving average to watch is the 100-day MA, which should reach $19 in 2 weeks. If THQI were to fall below this support level (both the price and the MA trendline, the stock would likely fall to its 200-day MA). <<

Sorry, I don't know much about TA but it seems 50 DMA (above $20 now) is a strong support level of THQI for the past year. Is it because the double-top condition to make you believe that we may have a chance (probably a small one) to test the 100 DMA support?

Like you, I also don't concern about the short term outlook for THQI, as long as the fundamental hasn't change or the reasonable price has been reached (above $30 in 98H1), I am not even thinking of selling it.

aC
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