NeoMedia Technologies, Inc (NEOM)

[chartist1]

VERY NOTEWORTHY CHART TONIGHT:

I zoomed in on the Monthly chart to show you the Chaiken Money Flow that has just barely turned positive (on a monthly view) for THE FIRST TIME IN 5 YEARS. The Monthly chart is always the last one to show a trend change because of its much broader time frame.

This is significant!

I do read what gets posted during the day and I can see that some are getting exasperated with the slow action and still others are saying that charts, etc., are worthless during this time. I have a decidedly different opinion but I will keep it at that.


One more chart after this - the weekly chart...since we are at week’s end.


Chartist1

http://stockcharts.com/def/servlet/SC.web?c=neom,uu[h,a]maclyyay[d20040902,20050902][pb50!b200][vc60...