NEO grew in waves using a similair scenario two times already:
First, an approximate threefold growth (from a minimum to a maximum) and then an approximate twofold drop (from a maximum to a minimum):
1st Wave: 25-85-42
2nd Wave: 42-130-78 (maybe 78 is not yet a minimum and it might be 65 for example)
Then projecting the past behavior pattern to the situation and the possible future, we get a script for the
3rd Wave 78-232-166
or if we assume that this is the 5th wave of Elliot, then there will be a large three-wave correction
78-232-A-B-C-78
Recommendation: buy with a target of $ 230
First, an approximate threefold growth (from a minimum to a maximum) and then an approximate twofold drop (from a maximum to a minimum):
1st Wave: 25-85-42
2nd Wave: 42-130-78 (maybe 78 is not yet a minimum and it might be 65 for example)
Then projecting the past behavior pattern to the situation and the possible future, we get a script for the
3rd Wave 78-232-166
or if we assume that this is the 5th wave of Elliot, then there will be a large three-wave correction
78-232-A-B-C-78
Recommendation: buy with a target of $ 230
