NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

Just wanna show you the charts of two stocks I have been in for quite a while. Been in TIV since sub-$2, used the trendlines to sell near the top, and to wait until it hit the lower one to load up big again, plus a little trading in between at key inflection points. See what happened in TIV when the downtrend line is broken to the upside after finally hitting the lower trendline, which, by the way, everyone screamed it wouldn't do.

One other note .. haven't traded NEOM quite as well LOL, it's one I've just been "scared" to be out of for long.

Sorry for the long preamble, but note the similarities in the two charts. Similar situations with the companies as well, taking some time to put things together the right way. Patience rules in these stocks that take a while to get their act together.

Think it was fun being out of TIV and waiting all the way to $6? (Many held all the way through that downtrend too.) Think the payoff was worth it over the last few days?



Now look at NEOM.



The above is JMHO and filling an idle moment.

GLTA

jonesie