NEO Buying Weakness or Selling the False Hope
Is NEO relatively a good entry at this stage?
Unclear at this point, however it 's a bit early to start buying when we break out of the structure at the 0.236 and quickly return to the "support"
The 0.236 is a fib where most shorts place take profits/cover their positions, however it is sometimes used by algos to prevent them from profiting any further on the downslide
Unclear at this point, however it 's a bit early to start buying when we break out of the structure at the 0.236 and quickly return to the "support"
The 0.236 is a fib where most shorts place take profits/cover their positions, however it is sometimes used by algos to prevent them from profiting any further on the downslide
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