Pennant forming: NEO breakout

4 Des 2017

Neo will breakout soon, it double bottomed. Will test resistance that coincides with fibonacci retracement, likely pull back after that. Perhaps it will bounce back up to reach target 2.

4 Des 2017

Catatan

Forgot to add: in case the market turns really really bearish and the support line breaks: 0.002 is the next supportline. Stoploss around 0.003 for safety.

6 Des 2017

Catatan

We're on the verge of it bouncing off support or crashing through. Very curious what this candle will do.

6 Des 2017

Catatan

Stop loss at 0.0025 in case support breaks. Buy upon 1 candlestick confirmation that it bounces off support.

6 Des 2017

Catatan

Support broke. Buy opportunity at 0.002 soon.

4 Jan 2018

Catatan

It indeed hit 0.002, then broke out of pennant upwards, bounced off 0.382 fibbonacci. Now it will likely go to 0.236 until it can go to 0.618

9 Jan 2018

Catatan

Close to hit 0.0084. Expect pullback before it attempts to go to the 2nd target.

9 Jan 2018

Catatan

If it closes above 0.0084, strap yourselves in for 0.0114.

14 Jan 2018

Trade aktif

TARGET REACHED, I did it guys! It may move to next target if candle closes above 0.012

15 Jan 2018

Trade aktif

It's going for 0.014, which is the next target. Since it's really overbought now, I expect a pullback to 0.0114 before it may continue to climb again.

15 Jan 2018

Catatan

THIRD TARGET REACHED. Expect pullback: overbought.