NEOMEDIA TECHNOLOGY Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 11.24.2004 (13) days ago, when the stock price was 0.1600. Since then NEOM has fallen -12.50% .
Are you still eager to buy? It is O. K., but patience is also a good virtue. The market is thinking to go up but still hesitant. It is better to get the buy permission from the market. Check first what happened at after hours trading and futures. Then, follow the next session very carefully.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.
But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.
[MOTTO OF THE DAY] Up or down the decision will come soon Buy when the bulls finally go to the moon |