- NEO is consolidating in a narrow range around 5.1–5.3 after a sharp drop on 10/10.
- Price remains below the 20-day SMA and key Fibonacci resistance at 5.43, showing a bearish bias.
- Volume is low, suggesting weak momentum.
- A breakout above 5.6 could signal recovery, while a drop below 5.0 may lead to a retest of 4.3 support.
- Price remains below the 20-day SMA and key Fibonacci resistance at 5.43, showing a bearish bias.
- Volume is low, suggesting weak momentum.
- A breakout above 5.6 could signal recovery, while a drop below 5.0 may lead to a retest of 4.3 support.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.