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

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To: CharlieBoy who wrote (6572)6/16/1998 3:23:00 PM
From: TEDennis  Read Replies (1) of 10786
 
For all you fans of the ex-SI personality named "tech" ....

Enjoy!

TED

******************

---------------------T/A------------------
As of close 6/15/98

I just pulled up my T/A chart on ALYD and there is a MAJOR buy signal as of yesterday's close.

Here are some indicators.

The rate of change is rising indicating that accumulation is now taking place. This is a bullish reversal indication that an uptrend will soon start.

ALYD reached a new six month low which is not confirmed by an equivalent low in On Balance Volume. This is a bullish reversal that indicates prices could turn shortly and start an upward movement.

The 21 day stochastic has crossed the 20% line and is increasing accompanied by increasing volume accumulation. This is a strong bullish indication that a price reversal to the upside is now taking place. This type signal is often followed by further upward price
movements.

the 21 day mov. avg. is at $14 1/2

the 49 day mov. avg. is at $15 11/32

the 100 day mov. avg. is at $16 3/8

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