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Dumped after a bearish weekly divergence. seems like hold on weekly open as 4hr closes, it's worth to try a long. be ready for a stop run before an up move. so i'll start with a half position, and try to compound when it occurs.
stop is 4hr close below the stop level.
ELF is one of the most actively developed project in last 2 months. Price is making a new trend on daily, and i think it's good to jump in in the next retrace.
Green area is the buy, and stoploss is the daily close below the stop area.
During today's dump, neo retraced to daily breakout level, and shows a good S/R flip on daily. If market goes down a more, i'll add second part on 1hr retrace, shown below.
targets and stoploss level shown on chart, manage your risk.