NEO forming an ascending triangle

NEO seems to be forming an ascending triangle
RSI is bouncing off the trend line
MACD is raising
SBS indicator signaled BUY
BUY at the break out of trendline (white) or closes above EMA 21

Targets are on the chart
SL -5% of buy-in or below last support

Komentar:

Target 1 hit

Komentar:

After hitting Target 1 NEO dropped back to trend line and so far trend line seems to be holding well.
we can make another buy near the trend line and move the SL to last buy in price

Komentar:

NEO hit target 1 again from second Buy in signal
another 7% profit.