Neo moving in Waves - Are we Going down soon?
Updated
Have been charting neo for the past two days and so far there is huge resistance at $145 - I was hopeful we would break through to the $152 resistance. With volume slowing I don't see that happening.
With lower low forming each time. I think we have reached the top and may move sideways before coming back down to support levels of $132 and if that doesn't hold $122.
Still very new to TA and learning as much as possible. You'll notice my charts change over the coming weeks with different strategies that i will be discovering.
With lower low forming each time. I think we have reached the top and may move sideways before coming back down to support levels of $132 and if that doesn't hold $122.
Still very new to TA and learning as much as possible. You'll notice my charts change over the coming weeks with different strategies that i will be discovering.
Note
My previous analysis Note
Note
As expected NEO retraced to the $132 support Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.