Great profits after buying NEO at around 50. Fibbonacci's are lining up great at this one. I'm looking for (5) to take profits on this one and wait for it to retrace.
Sell order @78$
Sell order @78$
Comment:
As expected we see a small retracement. Two scenario's: 1) it will follow the elliot wave and we can see another wave next week to 78$. 2) this was a short fun ride and NEO is dropping to the uptrend line at around 50$ and we have a new buy-in opportunity to strenghten our position.
Trade closed manually:
This wave is not applicable anymore. Updated on a new idea. We may see a big correction.
