Enkindel

NEON Fib and longterm trending lines.

BATS:NEON   NEONODE INC
161 2 0
Looking like this will make a big move soon. My guess is with all the institutional ownership they wont want to see this under 5 dollars. The chart shows some interesting trending lines, tightening BB, and the latest week being contained between long-term support-resistance and a Fib level. Neutral at this point but things are heating up.
Well she broke out good since the last post. Bottom of the volume of that bar sitting right on trending line. 8.20 in the near term is my guess.
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Top of this weeks bar was right on the money. Playing out well.
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