Adaptive Medias Inc (fka ADTM)

[Imperial Whazoo]

Actually, the particular geometry we are seeing is called a Gartley pattern. In particular, a Bullish Gartley.

To confirm that I'm onto something, look here:
http://www.investopedia.com/terms/g/gartley.asp#axzz28vvOLZ8O

And if people have a problem with this link, just go to http://www.investopedia.com and search for "Gartley"

For easy comprehension, you will see a graphic that is helpful.

So, the basics are pretty simple:
X-A is up.
A-B is a retrace to the 618
B-C is back up to the 382
C-D is back down to the 786

After the pattern completes (ie. complete being defined as having done the above and finished out at the 786), then the up leg in earnest will follow to the 1.27 upside point.

So, lets map this pattern vs. MIMV, OK?

X-A .182 to .717 (Sept 25 & 26).
A-B retrace to the 618: .717 to .391 (Sept 26 to 28)
B-C up to the 382: .391 to .584 (Sept 28 to Oct 3)
C-D back to the 786: .584 to .311 (Oct 3 to today)

And where is the 1.27% expansion on the MIMV chart?

The 1.27% expansion is at approx .86

Hello Betty!! I like that!!

OK, more on the Gartley.

Its also called a Gartley Butterfly & its a reliable pattern.

The Bullish Gartley Butterfly completes at the 786, which is what you asked about: the .311 today.

Thats why today was important. Yesterday and the last 3 days, it hesitated near the 618. IMHO, had it never punched thru and done what it did today, we could be looking at a sideways consolidation from here, but due to the LOD of .311 long candle wick that happened today, it took out the 618, tested the 786, rejected it, and closed back at the 618.

And it just so happens that, to do a Gartley, it had to have done all of that work. LOL.

And it does not hurt at all that the long hammer candle wick today is a hammer at the 618!

I mean... what a setup!

The amazing clarity of this pattern is very reliable.

Now nothing in charting is guaranteed, but this thing has done what I thought it would do from the gitgo.

My basic idea about MIMV was that it came out of basic "nowheresville" because it never traded any volume to amount to much historically. Thus, the only geometry that could apply was the Fib lines.

So, I took a stancew that this news about MSFT was big enough to draw professional traders to be interested, but lacking history, we needed to postulate that they would trade the Fib lins.

And thats just exactly what has happened.

And that is exactly what we are watching, IMHO.

And IMHO, the tail of today having touched the 786 (almost exactly) is a textbook example of a Gartley playing out right in front of us.

So, I think that, eventually, there will be enough geometry here to allow the lookback process of support & resistance to get a grip on this chart, but at present the geometry is Fib centric, IMHO.

And now, we are looking at a Gartley, IMHO.

Thats my take, man.

We may see a sideways consolidation for a while, but that still does not cause the geometry of a Bullish Gartley to get broken. Until I see evidence that is predictive of a breakdown of this pattern, I will continue to hold that we will soon see at least the 1.27 expansion.

Thats my analysis at present.

Hope this helps.

:o)

Imperial Whazoo