NEO Elliott Wave?
Updated
If we have found our high and the impulse waves are as shown, NEO is likely to follow three corrective waves (A, B, C) of the Elliott Wave.
Note
RSI divergence in the hourly chart and a volume decrease in latest upswing support the idea of an upcoming short term down trend. But we will see.Note
a new bottom might be found, if we see enough volume in the bullish action, this could be a buy signal.Note
buy signal in NEO.
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