$THQ just delivered a vertical expansion, up over 55%, followed by a controlled pullback to the $0.07 area.
THQ
Alpha
0.065632
+36.28%
What matters to me here is not the spike, but the behavior after it. Price pushed aggressively into the $0.096 zone, took liquidity, and is now consolidating above key short-term moving averages. Volume expanded during the impulse and cooled off during the pullback, which is typical of strong continuation structures.
This is no longer an entry-by-FOMO setup. Strength only sustains if THQ holds above the $0.065–$0.068 region and continues to build acceptance. Failure to do so would turn this into a classic spike-and-fade.
I’m watching structure, not candles.
Do you see this consolidation as fuel for another leg up, or distribution after the hype?