NEO weekly (long term)
Updated
NEO is still trying to pierce through the resistance zone wich was the target on my last chart. Even the thought the target was reached twice it rejected weekly candles on both of those times. NEO is now trying to pierce through for the third time but seem's to be undecided. I'm sure it will broke it but we might see NEO dip one lat time to the red zone wich was the resistance zone in my last chart and now acts as a accumulation zone. Theses zones have proven to be working since a couple months! When NEO will break through the resistance zone it will make massive moves, now is a good time to accumulate!
Note
If this weekly candle closes higher than the last one, it would be very very bullish for NEO!
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.