The dotted line shows the long term upward trend that NEO exhibits. After each breakout there has been a large correction that usually lasts several weeks before finding a steady price. After weeks to months of stability, TA suggests that the next breakout is inevitable. TA currently points to sometime mid-October for NEOs next breakout, but fundamentals could push that date up even earlier.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.