I have made many detailed predictions on NEO and GAS and I am bullish on both. At the moment we have:
-BMSI, MACD, Momentum (NEUTRAL): sitting on the required threshold for price support in either direction. Its a squeeze and its hard to see which way these indicators (and $) will go.
-Volume (NEUTRAL): we look to be on the rise again after volume fizzled to an all time trade low, however an increase in volume could indicate an upcoming pump(BULLS), or dump (BEARS). At the moment the increase indicates BEARS (or WHALES)
-Money Flow Index (BEARISH, or VERY BULLISH*) has just gone to an all time low which means some exchanges are seeing NEO sold off in the masses.
So in terms of indicators we have no obvious direction and the Money Flow Index looks like the market is is panic selling**.
So your options-
1- BEAR: Use the evidence we have and sell off before the price drops any further.
WRONG DECISION
2- BULL: Hold or up your position because you know that NEO and GAS #teamgas are awesome and a price movement down will with time be rewarded when the market/whales step in.
CORRECT DECISION, BUT YOU COULD DO BETTER.
3- THE BOBBY FISCHER PLAY
i- Buy the dip
www.youtube.com/watch?v=0akBdQa5...
* ii-Buy whilst others are panicking
ii-Be unemotional: dont be fearful, dont feel despair, look at the upside
** iii-Think like a whale: they would likely dump some NEO and GAS just as the market was hoping for an upward swing. Make the public panic sell and then buy the stock back for cheaper. Uncertainty in the Asian markets makes this all that much easier
iv- Ignore the FUD. Dont be one of those people who said i nearly bought GAS when it was in single figures.
HOLD YOUR POSITION, IF THE PRICE DROPS BUY MORE. THIS IS A 1000% play.
-BMSI, MACD, Momentum (NEUTRAL): sitting on the required threshold for price support in either direction. Its a squeeze and its hard to see which way these indicators (and $) will go.
-Volume (NEUTRAL): we look to be on the rise again after volume fizzled to an all time trade low, however an increase in volume could indicate an upcoming pump(BULLS), or dump (BEARS). At the moment the increase indicates BEARS (or WHALES)
-Money Flow Index (BEARISH, or VERY BULLISH*) has just gone to an all time low which means some exchanges are seeing NEO sold off in the masses.
So in terms of indicators we have no obvious direction and the Money Flow Index looks like the market is is panic selling**.
So your options-
1- BEAR: Use the evidence we have and sell off before the price drops any further.
WRONG DECISION
2- BULL: Hold or up your position because you know that NEO and GAS #teamgas are awesome and a price movement down will with time be rewarded when the market/whales step in.
CORRECT DECISION, BUT YOU COULD DO BETTER.
3- THE BOBBY FISCHER PLAY
i- Buy the dip
www.youtube.com/watch?v=0akBdQa5...
* ii-Buy whilst others are panicking
ii-Be unemotional: dont be fearful, dont feel despair, look at the upside
** iii-Think like a whale: they would likely dump some NEO and GAS just as the market was hoping for an upward swing. Make the public panic sell and then buy the stock back for cheaper. Uncertainty in the Asian markets makes this all that much easier
iv- Ignore the FUD. Dont be one of those people who said i nearly bought GAS when it was in single figures.
HOLD YOUR POSITION, IF THE PRICE DROPS BUY MORE. THIS IS A 1000% play.