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5:08 pm
June 20, 2012
OfflineCurrent Daily Chart:
Mad Catz Interactive, Inc. (AMEX/TSX: MCZ) is a global provider of innovative interactive entertainment products marketed under its Mad Catz(R) (gaming), Tritton(R) (audio), and Saitek(R) (simulation) brands. Mad Catz also develops flight simulation software through its internal ThunderHawk Studios(TM); operates flight simulation centers under its Saitek brand; publishes games under its Mad Catz brand; and distributes games and videogame products for third parties. Mad Catz distributes its products through most leading retailers offering interactive entertainment products and has offices in North America, Europe and Asia. For additional information please go to http://www.madcatz.com.
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8:02 pm
June 20, 2012
OfflineSi Guy said
MCZ needs to find some support before it makes it's next move, but on it's next upswing we could be looking at a breakout if it takes out that resistance trendline. Volume will be key.
MCZ broke down since I last posted this update, however as of late it's way back above the 50 day moving average. .70 is key resistance dating back to earlier this year, and it's only a hop, skip, and a jump away from taking that out.
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