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To: tech who wrote (4488)2/17/1998 12:23:00 AM
From: TEDennis  Respond to of 10786
 
tech: Aw, you just wanted to get post #4488. A double-double.

Shucks, I missed it by that much.

Yeah. OK. You win. After the sun goes down, it would be better to say "sure is a pretty night" ... but that's not my favorite quote. Check my profile!

TED



To: tech who wrote (4488)2/17/1998 12:56:00 AM
From: tech  Read Replies (1) | Respond to of 10786
 
Technical Analysis of ALYD as of close 2/13

The 21 day high is at 19 5/8

The 21 day low is at 14 7/16

The 49day moving avg. is at 16 17/32

Major resistance is at 19 5/8, with initial resistance at the 49day avg. at 16 17/32. If the stock breaks through this line, it would be a buy signal.

The support is at the 21 day low at 14 7/16. If the stock breaks through this line the next stop should be near $13.00

Looking at the Relative Strength and the Stochastic indicators, I think it is safe to say we should be nearing the bottom of this latest sell-off. There is a little bit more room to go on the down side, but I would not hesitate to buy back in if the stock breaks back across the 49day avg.