Great profits after buying NEO at around 50. Fibbonacci's are lining up great at this one. I'm looking for (5) to take profits on this one and wait for it to retrace.
Sell order 78$
Sell order 78$
Note
As expected we see a small retracement. Two scenario's: 1) it will follow the elliot wave and we can see another wave next week to 78$. 2) this was a short fun ride and NEO is dropping to the uptrend line at around 50$ and we have a new buy-in opportunity to strenghten our position.Trade closed manually
This wave is not applicable anymore. Updated on a new idea. We may see a big correction.
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Disclaimer
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.