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Technology Stocks : THQ,Inc. (THQI)

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To: Sword who wrote (6469)6/27/1998 10:26:00 PM
From: Ron Kline  Read Replies (1) of 14266
 
THQ is close to forming a double bottom and I think is close to a breakout. Again the chart is not as clean as others but it's there. If THQ breaks out to new highs with high volume I think the up and downs we've seen will finally be over. The stronger volume and movement in the last days are showing accumulation in the stock as it's working it's way above old barriers. Normally the stocks that are the first to move towards their highs after a reversal in the market are the ones to keep and eye out for good intermediate term gains, and THQ fits this pretty well. Time will tell.
Ron
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