Another pharma stock here for those interested. These are often hit or miss, but NEOS has a solid floor and a lot of room to move if it gets going. Worth watching and maybe taking a shot with a small bet (not financial advice -- do we really have to say that when were obviously just finger-painting projections?) haha, GLTA!
The market is going downward on NEO daily chart. It made lower lows and lower high and there is the old saying: “the trend is your friend”. Thus I am going to follow that trend.
The price is going up last few days and making its correction move and sooner the sellers will step in and the buyer start taking their orders. Those scenarios will push the price down...
Please help: I was trying to demonstrate how looking at things in the longer term can help to explain seemingly erratic price movements in the short term - but had trouble putting DIFFERENT DRAWINGS on to a split screen of the same chart. I succeeded with the bollinger bands: only showing them on the right-hand chart, but I'm not sure how I did it. I also couldn't...
NEOS seems breaking out a long term downward channel formation. Moneyflow is getting stronger & today it had a breakout with huge volume.
We think it has good upside potential & it will be a perfect hedge if market start to decline.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Congrats to those who bought HGSH which jumped 90% 2 days after i picked it. Probally nobody took my suggestions because i have so less followers. I missed out because i had to do something 3 days ago. Neo has a nice pattern looking for maybe a 4-10% gain.