Quick update. NEO seems to be heading into a bull pennant
formation. We have been wanting to add NEO to our large-cap portfolio since the start. NEO looks to be getting ready for a climb. We will be setting a buy around 0.0815 (using 10% of our portfolio's allocation - about 19.5 NEO) and watching for the bounce off the lower support (black line). After we get a successful bounce we will set a stop loss at 0.0805. IF NEO is successful in a breakout we will be selling 10% of the NEO purchase into BTC
at 0.0095. If NEO gets a hard rejection than our stop-loss will be in place.
We will be posting our portfolio charts in the telegram channel shortly. Take care everyone!
- DA Bull