SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?


To: Tech Master who wrote (4311)2/4/1998 9:24:00 PM
From: Trader X  Read Replies (2) | Respond to of 10786
 
<!-- *** ALYD preparing for a breakout. *** -->

I drew some lines on the ALYD chart, and put it up on my website so you folks at home could follow along.

ALYD weekly chart:
cris.com

What's it all mean?
ALYD is about to breakout above $20 in a move to at least $26, after a brief stop near $23 to gather momentum and retest support at 19 1/2.

the yellow lines indicate the current trend channel. The price history between the bottom yellow line and the red horizontal line form an ascending triangle pattern. The depth of the triangle pattern indicates the upside move to be about 6 points. Usually this is a conservative estimate. I expect the move to actually be closer to $30.

Also worthy of note is the crossing of the 10 week (50 day) MA over the 20 week...another bullish sign.

ALYD is going up soon.

-&copySHAZAAM!