NeoMedia Technologies, Inc (NEOM)

[chartist1]

ASCENDING TRIANGLE CHART UPDATED:

Well, our friend the Ascending Triangle continues to wind tighter and tighter within the range. In addition the RSI is showing more strength with continued support at the midway point (shown in chart). Please remember this pattern is not a lotto ticket, but it is a high PROBABILITY strong bullish pattern. We should see a resolution to this pattern during this coming week.

NEOM management has really picked up some very exciting brain cells over the past week. It will be interesting to see what the company profile will look like once the dust has settled. Whatever it does look like I would be listening a little harder in the future if I was one of the big boys.

Back to measuring your boat slips.......

Chartist1

http://stockcharts.com/def/servlet/SC.web?c=neom,uu[h,a]daclyyay[pb50!b200][vc60][iut!ub14!lh14,3][J...