My daily shows NEOM breaking a little ST uptrendline to the downside as well.
I like your math on the target-after-the-double-bottom, I don't think I've ever seen that before. Added to the arsenal!
FWIW I'm hanging my hat on the weekly, thinking maybe just maybe there are bigger things in store for Neomedia, that in a year could see NEOM back at .42. On paper (the financials and Cornell facts, and the status of the dinner preparations), things look indisputably grim.
Anyhoo, Bolly Bands in the Weekly sure are tight, tightest in 2 1/2 years. Last time, things broke out to the upside. Things are different now maybe.