NEO has failed to breach $110 for the third time, and the bearish divergence I mentioned before still persists.
In this context, it's likely to retest lower levels for support. Here are several:
I personally don't think it'll go lower than that.
In this context, it's likely to retest lower levels for support. Here are several:
- @ around 95, we have the pitchfork, the weekly EMA, and the .786 level all meeting at the same point.
- @ around 85, we have the .618 level and the mid-term trend line.
I personally don't think it'll go lower than that.
Comment:
about to reach 95. may still go a bit more, depending on the market overall
