Neo on the Weekly Looking at #neo as it previously broke the rising wedge with a weekly triple top. if monthly support brakes in red we will have a continuation to the downside. floor levels marked.
NEO trade ideas
$NEO Setting UpNASDAQ:NEO tight at its 50 MA after quick shakeout below that level.
Breaking downtrend line (red dotted line) and holding.
I bit light on the $ avg. volume but looks good.
Now or never for this one.
Neo founder: Decentralized innovation is not a race, blockchain Coin World reported that Neo is a smart contract platform established in 2014. Da Hongfei, the founder of Neo, said that the protocol regards itself as a pragmatic participant and is committed to promoting a platform that relies on blockchain technology to meet its transaction needs. world. He added that he does not see decentralized innovation as a race and would like to see Neo’s long-term vision finally come to fruition. Blockchain interoperability, the idea that different blockchains should be able to communicate with each other, is an important development highlighted by Da Hongfei that needs to take place in the crypto space.
NEOGENOMICS Stock Chart Fibonacci Analysis 042223Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 16.2/61.80%
NEO7$ support as long as it holds could be setting up as a double bottom. Still a bit early and this floor could fall out, howverr if we can see buyers control the. We could see a push up to the neckline of 12.95 area. Watching this tomrorow could be setting up!
NeoGenomics Inc 🧙NeoGenomics Inc operates a network of cancer-focused genetic testing laboratories in the United States as well as a laboratory in Switzerland. The company operates into two segments namely Clinical Services and Pharma Services. It offers types of genetic and molecular testing services namely Cytogenetics, Fluorescence In-Situ Hybridization, Flow cytometry, Immunohistochemistry, Molecular testing, Pathology consultation. The company generates revenue from Clinical Services
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NEO Good time to enterMIssed this one one for what seemed like every day for 2 months as it never slowed down. Time for a good entry in LT account. Should bounce from these levels.
$NEO Cypher pattern Bounce spot $NEO, CEO stepped down and market pulled back, still think this bounces back, let's see
Bull Flag/Some IssuesThe flag is there/Perhaps issues due to earnings coming up soon on 2-25..not sure but flag support broken and a throwback has occurred (price broke upper trendline then pulled back.)
This is a sloping flag pole, straighter ones perform better...just be sure the security is waving a flag and not a parabolic pattern..
The flag is is not too heavy for the pole right now.
There was also a bearish divergence on RSI, but perhaps that divergence has been worked out as it did pull back somewhat after it occurred.
I do own this but watching closely..Gotta keep those flags in check (o:
Not a recommendation
NEO ConsolidationAfter going up non stop for what seemed like forever seems to be consolidating. Will watch chart closely for a breakout to rebuy.
Cup and Handles ABC BullishComplicated chart but very bullish! Long term uptrend on monthly
Large effective volume today with a pocket pivot in last 5 days.
Price forms a pocket pivot, when:
The price goes up compared to yesterdays close.
The volume today is higher than the maximum down volume of the past 10 days.
Effective Volume analyses the intraday volume on the minute level to determine what small and large players are doing in terms of accumulation and distribution.
I saw this on Chartmill and thought I would share. I will let anyone interested figure out the targets. I own this long term but by no means recommending it. We are all different
2 Cup and Handle patterns. Targets are estimated by taking the previous high of the cup and subtracting the cup low = depth. Add a tad to be sure that price clears the prior resistance and that is long entry level. Take the cup depth and multiply this number by 0.38, 0.62, 0.79. In a very bullish market, or stock, you can add 100% to long entry level, then 127% and even 162%. These last 3 targets are usually T2. Stops are usually placed under the handle low or mid cup.
On the ABC bullish pattern, it works basically the same way except the AB leg is used to calculate targets and these are added to LE price. Long entry is when price breaks the BC leg in an uptrend. And your stop goes below C.
I am sure others do this differently, just basically explaining one way to calculate targets.
And any pattern can fail. Nothing is fool proof in the markets.
HL (Handle low) LE (Long entry)
Feel free to comment
Neo Long TermSimple Supply / Demand Zones need to be reached before moving foward.
~Look for consolidation in Blue Line Area.
~Blue Box = Stall / Consolidation BEFORE moving up for higher highs.
Neo Short TermMonthly Provided *Shooting Star* (Resistance built / holding until next demand zone is met.
Looking for short term sells into long term buys.
NEO: $35 Market Potential Short?NeoGenomics recently filed its SEC proxy statement and has an earnings call that many are hoping to be positive 3 days from now. Many people are expecting this to be quite bullish and not bearish in terms of price expectancy. Also other positives include the fact that NEO was one of the few stocks that went up amid Coronavirus concerns. That being said, it still have been mostly positive correlations looking at the bigger picture past few years. Please keep in mind this is just my opinion (as always), and not to taken anything at face value, but I definitely still see a continued bull market run for NEO at least in terms of a short call. I think a price increase to $35 is imminent but it depends if NEO meets earning call expectations.
$NEO$ LONG trade! INSIDERS with you!Hi traders,
today is Friday and there is little time left to finally start the weekend - free time, cool...
BUT not for a swing trader, haha.
If you are a long-term trader you have to spend many hours during the weekend in front of a computer. You have to pick the best stocks with the highest possibility of a move and create the watchlist for the next week . And that´s work, I do every week.
And what am I looking for? Fundamentals, INSIDERS - big changes in their behavior...
I would like to share yesterday´s trade in the NASDAQ:NEO market, where INSIDERS believe in a continuation LONG move. = VERY STRONG PATTERN
Entry point: 28.57
Stop-loss: 25.66
Profit target: 34.39
Have a nice weekend!
Jakub
FINEIGHT
neo abcd plus daily inside bar, look to 2618 pullback to sell follow arrows for targets. (hope this fails as my lady owns quite a bit of the stock. Asked her to trim 1/2 at 34.60 to no avail, she is very familiar with the company.
