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


To: Todd D. Wiener who wrote (6011)6/12/1998 11:12:00 PM
From: Kelvin Taylor  Read Replies (2) | Respond to of 14266
 
Todd & to others-

A technical question: June 19 will mark the expiration of THQI's June 30 call options along with all other stock options and indexes. With the gains of the couple days accompanied with the choppy market, where do you see the next resistance level to be? In the past the $32 or so mark has triggered some downward pressure on the stock, but with options now part of the mix how does this change the equation?

The 52 week high for a stock ($33 3/8) is sometimes a psychological selling point for many traders. Does THQI have enough momentum to rally past the mark?

Kelvin