NeoMedia Technologies, Inc (NEOM): ss9173: Can't believe my eyes but it DOE...

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lesnshawn

Re: ss9173 post# 117654

Thursday, 04/05/2007 3:01:29 PM

Thursday, April 05, 2007 3:01:29 PM

ss9173: Can't believe my eyes but it DOES look like this could be a bonified "Gap'n run". ;)

http://stockcharts.com/h-sc/ui?s=NEOM&p=D&yr=1&mn=6&dy=0&id=p44921097873

1st time in over a year RSI hits 70
1st time in over a year MACD crosses 0

I'm not jonesy but I'd consider those "breakout" signals. Now, it would really be confirmed, IMO, if we would see the volume increase a bit.

http://stockcharts.com/school/doku.php?id=chart_school:glossary_g

"Gap - Breakaway: Breakaway gaps signal a potential change in trend and are especially significant when accompanied by an increase in volume. A bullish breakaway gap forms when a security gaps up after an extended decline. Bullish breakaway gaps can also occur after an extended base or consolidation period. A bearish breakaway gap forms when a security gaps down after an extended advance. Bearish breakaway gaps can also form after an extended top or consolidation period."

:)
lns