Sunday, September 26, 2010

DailyMarkets.com - Stock Picks For Monday: Sirius XM Radio, Alcoa, Royale Energy, THQ

DailyMarkets.com - Stock Picks For Monday: Sirius XM Radio, Alcoa, Royale Energy, THQ

Stock Picks For Monday: Sirius XM Radio, Alcoa, Royale Energy, THQ

Posted: 26 Sep 2010 03:46 AM PDT

( click to enlarge )
THQ Inc. (NASDAQ:THQI)  failed to continue it's bullish momentum on Friday. The stock attempted to push higher, topped at 4.14 before whipsawed to the downside, hit the bottomed at 3.93 and closed at 4. On daily chart we can see a pull back with low volume indicating a consolidation phase after some bullish momentum. The bias is neutral in nearest term. A break above 4.20 on a close basis should be seen as a serious threat for the stock to test the highs of July. … [visit site to read more]
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