NEO - Leaning Bullish
NEO is at the .236 support level within this past year's triangle.
Looking to cautiously buy dips into the buy zone
Bullilsh Scenario:
Break the triangle's upside with an uptrend starting at the Kimo Twist and .236 level and enter the cloud - Fib Targets
Bearish Scenario:
Break the triangle's downside and be rejected by the .236 level, setting up a longer accumulation period - Stop Loss at $47
Looking to cautiously buy dips into the buy zone
Bullilsh Scenario:
Break the triangle's upside with an uptrend starting at the Kimo Twist and .236 level and enter the cloud - Fib Targets
Bearish Scenario:
Break the triangle's downside and be rejected by the .236 level, setting up a longer accumulation period - Stop Loss at $47
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