NEO just recently started to break the major downtrend resistance line, and is showing that it's oversold on the Stoch so it's looking line a great time to enter. Daily graph also confirms it's a great entry as the EMAs have just crossed, Stoch is sitting in the middle and RSI is sitting on 50, which would indicate to me that a reversal has occured. 1H chart has also formed a nice little bowl formation, so if the price follows the downtrend line we may see a possible cup and handle. I can see some potentially heavy resistance at the 0.5 and 0.236 Fib levels.
Stop/Loss: 0.0010235
Will update with trailing stop/loss
Will reassess profit once price hits around the high level, may look to take profits out at different points
Stop/Loss: 0.0010235
Will update with trailing stop/loss
Will reassess profit once price hits around the high level, may look to take profits out at different points