Have been charting neo for the past two days and so far there is huge resistance at $145 - I was hopeful we would break through to the $152 resistance. With volume slowing I don't see that happening.
With lower low forming each time. I think we have reached the top and may move sideways before coming back down to support levels of $132 and if that doesn't hold $122.
Still very new to TA and learning as much as possible. You'll notice my charts change over the coming weeks with different strategies that i will be discovering.
With lower low forming each time. I think we have reached the top and may move sideways before coming back down to support levels of $132 and if that doesn't hold $122.
Still very new to TA and learning as much as possible. You'll notice my charts change over the coming weeks with different strategies that i will be discovering.
Comment:
My previous analysis
Comment:
Comment:
As expected NEO retraced to the $132 support
Comment: