NEO: Flag Penant and Consolidation
NEO 15m chart shows clear Bull Flag.
Recent News (Ontology airdrop & Weiss A rating) added to abnormal buying volume early in the day on February 26th.
As flag pennant continues to consolidate, we should see a price action breakout or breakdown.
Since there seems to be little profit taking after initial breakout, I would anticipate buyers to re-enter the market and push the price higher.
Recent News (Ontology airdrop & Weiss A rating) added to abnormal buying volume early in the day on February 26th.
As flag pennant continues to consolidate, we should see a price action breakout or breakdown.
Since there seems to be little profit taking after initial breakout, I would anticipate buyers to re-enter the market and push the price higher.
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