THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Todd D. Wiener who wrote (4518)	4/6/1998 4:24:00 PM
From: Joe Casey	Read Replies (1) of 14266

THQI held up well today, especially after midday market selloff. I thought we might begin a short term reveral of the uptrend based on Friday's bearish closing (hanging man candlestick pattern), but it was thankfully not confirmed today, in spite of the considerable down market conditions. THQ touched the 50 day MA on Friday, but today it closed above 50, 20, and 5 day MAs. Based on the last two days of activity, a slight move up tomorrow is more likely than a lower close, IF the market reverses its slide. There is a good chance of this as I suspect some bottom feeding will buoy the NASDAQ tomorrow.

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