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Enkindel
Feb 2, 2014 1:53 PM

NEON Fib and longterm trending lines. 

Neonode Inc.NASDAQ

Description

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.
Comments
Enkindel
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.
Enkindel
Top of this weeks bar was right on the money. Playing out well.
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