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Technology Stocks : Analytical Surveys (ANLT) computer maps

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To: TLWatson59 who wrote (950)	4/14/1999 5:02:00 PM
From: TLWatson59	Read Replies (1) of 1157

Additional TA FWIW: A more definitive chart pattern has now emerged outlining a significant reverse head and shoulders pattern. Usually this is a bullish indication. What makes the overall picture interesting is that the pattern combined with the stochastics makes a strong case for the upside. The key to when the move is imminent is that close above $26 I mentioned in my previous TA comment. Three factors are now combining to make the stock look very attractive as both a longer term and short term play. Two significant downtrend lines have been broken. One on 3/25/99 and the second one today with the close at the high. In addition Stochastics gave an oversold signal on 3/16/99 when the stock dropped to $17. More interesting is the current oversold condition reflected in the Stochastics registered between April 4th and April 12th while trading some 5 points higher than that low. Put the three together and you have a strong case for the upside. Only a surprise disappointment in the earnings release due out shortly can keep this postman from his appointed rounds.

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