NEON trade ideas
A crazy past as SBE causes NEONODE chart to look amazingZoomed out like this, we can see after the 10:1 Reverse split neonode/SBE chart reflects price per share now as 32,187 ATH June 5th 2000
(Before the reverse split, ATH was 3,218.70)
Neonode hitting support from 2009/10Basic support here from 2009/2010 here, if it falls below these levels there's no telling where it will land, however as long as we stay above this support it's still a hold.
This company has a lot of prospective hype in my opinion. Their technologies can improve our lives. It's going to be an interesting 2019 holding Neonode.
NEON Ranging Nicely - Should find yourself a nice 5-10% GainDepending on buy, you can find yourself getting a nice quick 5-10% as it approaches 0.40 again
NEONPrice has broken out of the recent daily downtrend. At the same time there has been an increase in volume. This could turn into a long opp if a mini uptrend is established.
Signs for conformation would be closing above supply zone(s) and establishment of a new uptrend channel.
NEON - looks ready for 3rd wave breakoutOnce it breaks long term trend line, 1.86 look out. 1st wave $1.01 to 2.19, 2nd wave retracement to 1.50 (58.5%), 3rd wave to 3.50 (1.67 x W1) or 4.50 (2.67 x W1). ER out Mar 9th. By all accounts AirBar sales are excellent and automotive side expanding.
NEON GOING TO BREAK THE TRENDLINE?NEON has broken a lower degree trendline and now it seems ready to break the second one. It's possible one more test of the low before the big wave up. A breakdown on the dotted line can invalidate this setup.
DTI8 Tendencia BajistaLa empresa sueca presenta una clara tendencia bajista desde diciembre del 2015
