SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : THQ,Inc. (THQI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AreWeThereYet who wrote (3321)2/8/1998 10:02:00 PM
From: Raymond James Norris  Read Replies (1) of 14266
 
Andy -

I'm inclined to agree that the 50 DMA is more applicable than the 100. A support is strengthened each time the stock touches it and bounces off. While the stock has fallen through the 50DMA, the breaks were never strong enough to warrant a clear cut break of support. In fact, the stock "drifted" through the 50 DMA, not really breaking it.

To break or come close to the 100 DMA, OTOH, would mean serious weakness. The 100 hasn't been tested since last year. If one waited to sell until the 100 DMA, you'd probably get a real lousy price. The 50 DMA is used so widely, that if THQI appeared to have fallen well below it, the fall would be immediate and severe, IMO.

Conservatively Yours,
Raymond J. Norris
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News