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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?


To: Todd DeMelle who wrote (4848)4/22/1998 12:18:00 PM
From: Travis L Burrus  Read Replies (1) | Respond to of 14266
 
Hit 26 and I feel strongly that 26 shall be the day low as stockholders take a ride back up to higher levels. When I bought in at 27.25 at the current bid price the order executed instantly. I knew the price would reach in the 26 range when that happened. The price gap was too great at the time of my trade and it went through any way. Based on historical charts of THQI I looked at price holds where THQI stock price had declined and stayed at for sometime before moving upward. 26 dollars seemed to me as this price hold. If I am wrong the price could pull down to the low 20's before heading back up. Given the jump from 26 to 28.25 quite quickly and the days activity and time of day and historical data I feel confident on a move back up.