NEO edges higher after the failure to reach and retest once again the downside line of the minor down channel and after the false breakdown below the 50% line. Personally, I believe that only a valid breakout above the downtrend line and above the median line (ml) will confirm a further increase. Price needs to stay above the LML because a valid breakdown will invalidate a further increase. The next major upside targets will be at the 50% lines and higher at the upper median line (uml).