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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Shane Stump who wrote (1625)8/6/1997 2:09:00 PM
From: tech   of 10786
 
I didn't post this last night, because I felt that my indicators may of been off in regard to ALYD. However, after seeing today's price action I know that I was mistaken to let my "feelings" get the best of me. The analysis was dead on once again.

As of close 8/5

Analysis of the rate of change of the exponentially smoothed average price suggests the completion of an uptrend. The rate of change is topping out and starting to decline. In this market this is a bearish indication that a reversal may occur soon.

The equity price has crossed and closed above the short term 18% exponentially smoothed average price. This indicates a continuation of the current price movement but it is subject to whipsaws. This is a weak bullish signal that could be followed by an upward movement in the equity price.

The Price Phase Indicator is moving to the downside. This is a bearish continuation signal showing that a downtrend is in place and that prices are more likely to continue to the downside than they are to reverse and begin an upward movement.

The "whipsaw" indication has proved correct today, and with prices trending lower we may soon see lots of volitility in ALYD.

The OBV indicator is still negative, and the Money Flow RSI has also turned negative.

Tonight's analysis should be interesting. We could be setting up for a period of dead movement followed by a major breakout.
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