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Technology Stocks : Analytical Surveys (ANLT) computer maps
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To: TLWatson59 who wrote (1022)7/13/1999 9:02:00 PM
From: TLWatson59  Read Replies (1) of 1157
 
TA Review: It has oft been said that: "The past is prologue." Just for the fun of it let's look back at the recent past in TA:

Suggested reading Posts #973,#983,#985 and #1005.

Now that we have made the first attack at the $29-31 overhead supply the ability to effect a strong sideways pattern between $25 and $30 would indicate an attack on the last intermediate high at $37 could come in the not too distant future, given a normal and not panic driven stock market climate. Stochastics and TSV have both retreated somewhat from their overbought levels but have not yet dropped to an oversold level.

If I had to make an educated guess, I would say the recent market price improvement has been generated by the AG Edwards interest and perhaps their initial coverage has stimulated some better class houses to look into ANLT's prospects. I don't know how far away they are from qualifying for a NYSE listing but I believe it would be a big plus if they could swing it.
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