NeoMedia Technologies, Inc (NEOM)

[ASTOCKCOLLAPSE N0W]

Jonesie,

I don't see any definitive, tradeable pattern on the charts.

All else remaining the same, it looks like a failed attempt at breaking out of a one year down trend (the slope of NEOM's downtrend steepened in Q1 2006 - creating a "new" trend).

Basically, at this time, I have nothing to predict. I suppose my original rules can apply - C(3) > 50dEMA = Buy | C(1) < 50dEMA = Sell.

In any event - the stock should not break too far below $0.04 until NEOM needs to hit her sugar daddy up for more money. Then it can drop another rung as everything outstanding is repriced and the cycle renews.