NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

Chartist:

I don't think the fear level has peaked, for a couple of reasons.

If your log scale chart is the way to do it, we're close to the lower trendline now. And the 200SMA.

If my normal scale chart is the way to do it, we've got a ways to go to that lower trendline, sitting a hair under .25 today.

Coincidentally, $0.25 +/- $0.025 is where the single highest number of shares in NEOM has changed hands in the last 12 months, with 284,000,000 shares traded in that range.

Of course if you go back another 12 months you find 2 billion shares changing hands in lower price ranges.

Idle comments for an idle moment.

jonesie