Weirdharold seeks help learning T/A

[Aarroncikk]

I am starting this post to place charts I am trying to work on... If you do not know I am really very new to all this and would appreciate any comments on what you might see in the charts which will help me learn.

This first chart is NMTI - NMT MEDICAL INC. which I am gonna call a head and shoulders pattern... if I understand them right this chart should be about to reach its predicted bottom?
This is a chart from this morning, but here is a link to the delayed chart on Stockcharts.

Here is a little DD on it.

NMTI Overview
Name: NMT MEDICAL INCORPORATED
Address: 27 Wormwood Street, Boston, MA, US
Telephone: (617) 737-0930 Website: www.nmtmedical.com
Facsimile: (617) 737-0924 Email: investorrelations@nmtmedical.com
Business Description: The Company designs, develops, manufactures and markets proprietary implant technologies that allow interventional cardiologists to treat certain kinds of cardiac structural heart disease through minimally invasive, catheter-based procedures.
Details
CEO: John E. Ahern
Employees: 115
Issue Type: CS
Market Cap: 100413290
Auditor: Ernst & Young LLP
Last Audit: UQ
Industry Classifications
Sector: HEALTHCARE NAICS: Surgical and Medical Instrument Manufacturing
Industry: Medical Instruments & Supplies CIK: 0001017259
SIC: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS (3841)
Profitability Management Effectiveness
Gross Margin: 78.5 Return on Equity: NE
EBIT Margin: -28.0 Return on Capital: -21.5
Profit Margin: -28.0 Return on Assets: -17.6
Share Statistics
Outstanding: 12939857 Float: 12653054
Short Interest: 225305 as of (2007/07/10)
Short Int Ratio: 2.8 % of Float: 1.8
Non-Corp. Insider Hold'gs: 2.2% as of (2007/07)
Bought Prev 3 Mo: 0 Sold Prev 3 Mo: 0
Institution Hold'gs: 66.7% as of (2007/07)
Total Held: 8646255 Institutions: 45
Bought Prev Mo: 1997046 Sold Prev Mo: 341464
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[ADreattylilt]

I see a stock ready to make a move! I didn't check the company financials, but it's way over sold, RSI is down and MACD is starting to crossover. A little more DD is needed to see what's brewing with the company and to see if there's a reason for the down-slide. If it's just from bear market jitters, this stock should explode to at least it's 50MA soon.
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