NEO Has been going up in steady 30-40% range on every breakout. Right now it's having a bigger pullback than before and may end up either consolidating in this area before local support or heading back to harder support.
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Bounced off the trend line, but fell through local support
How do you see the effect of tomorrow's news on the price?
ArtsTrading
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@sinajm, Either buy the rumor sell the news ( dump ) or it could potentially break above the ATH resistance and do another run up. I'd watch volume carefully
sinajm
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@ArtsTrade, Thanks for your reply. It's most likely to have bullish crosses in next 30 minutes. My only concern is high RSI in 4hr chart. It could follow up with a crazy dump in next 12 hours. what do you think?
ArtsTrading
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@sinajm, Yeah potentially short term is still very bullish, I see a lot of people on twitter hyping it up. We'll see if the news results in the dump tomorrow.
wjmulders
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@ArtsTrade, Looks like we are going down. No positive signals for now
R4FF7
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@wjmulders, I think it's ok to see it bouncing on the 61,8% fib
sinajm
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@wjmulders, I think the next stop is 0.0050. We haven't had any higher higher in 30 minutes, since midnight EST.
wjmulders
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@sinajm, quite crucial hours right now.......RSI & MACD improving but no positive signals yet. With US opening soon, some critical hours to come i think?
ArtsTrading
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@wjmulders, It bounced off trend line, but first support failed. If it dumps anymore, it might touch the hard support
Aitoyko
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@ArtsTrade, it's now above the trend line again. Any updates what's next?