Replies to post #194599 on NeoMedia Technologies, Inc (NEOM)

[chartisttoo]

JB if you will notice, IMO... Seems I am the only that has to say that.

But, IMO NEOM will "MIGHT" come down to the Tri on the weekly chart. The make up of the pattern is that the price comes down to the top of the Tri.

J.

[chartisttoo]

"EDIT" JB, IMO... If you will notice the weekly MACD and the weekly STOC, have crossed through and below. That is the fast line has broken the slow line. But the good thing is the ADX hasn't crossed yet.
But, IMO, if you look at the daily you will see that the MACD, STOC, and the ADX have all crossed. That should move the price down to below the .01 to about .0085 or so. IMO.

http://stockcharts.com/h-sc/ui?s=NEOM&p=D&yr=1&mn=0&dy=0&id=p22508427397&a=171181523&listNum=1


IMO...

J.