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To: Paul R who wrote (6936)	7/17/1998 9:44:00 AM
From: Trader X	Read Replies (1) \| Respond to of 10786

Looking for follow through from last week's surge. I'm seeing quite a bit of optimism come into this stock lately, and why not? Last week's run up was good for 5 points overall. And now, ALYD is beginning phase II. Technically, the past week will prove to be a "flag" pattern, if ALYD stretches a new run to 19 1/2 or 20. chart2.bigcharts.com:80/report?r=chart&symb=alyd&time=7&freq=1&compidx=aaaaa:0&ma=3&maval=10&uf=0&lf=16&type=4&style=8&size=3&country=us&comp=&sid=9330&sec=c&xyz=41217641&s=624 A flag is 4 days of retreat on low volume the stock had after the sharp spike up. A flag will often bottom out near the middle of the price spike. What makes this retreat seem finished is the candlestick bottom known as a "tweezer bottom" the stock made Tuesday and Wed. @ $15. The yardstick for measuring the next price high is the last spike itself. Since this was 5 points from roughly $12 to 17, then I expect a spike from $15 to 20, roughly. This would be in line with the long term resistance level of 19 to 20. Longer term, ALYD held support and formed what appears to be a double bottom. chart2.bigcharts.com:80/report?r=chart&onbad=badsymbol&country=us&time=9&freq=2&compidx=aaaaa%3A0&ma=3&maval=10&uf=0&lf=16&type=4&style=8&size=3&symb=alyd&comp=&sid=9330&sec=c&xyz=83125453&s=2020 I would expect the stock to test $30 before the year is out. Trader X