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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: smahi who wrote (36657)	8/27/2000 2:45:04 PM
From: Doug R	Respond to of 79371

smahi, AILP: 8/15 to 8/25 is an ascending triangle with the break-out line at the 50 dMA. There's significant positive divergence on the rising MACD just under the 0 line. The 89,3,5 stoch has pushed up out of a garbage bottom. There's nothing that says it's going to go nuts or anything but being this low, a good % move is very possible. All the very short term indicators (2,1,2 sto, 3 dCCI, 3 dRSI, etc) are at value levels which would allow for a jump. There's a short-term target line just edging over $3. If the short term technicals pop into the hot zone on a move, the stock could easily break over the target line and run a bit. The uptrend line on the ascending triangle, used as a stop, limits risk. Avg volume on it is respectable. With the apex of the triangle very near, a move would happen very soon so timing is right to watch it closely now. Doug R