NEO/USD - 93% setupHello, Traders!
NEO is out of the active trading range of $40.00 - $54.80. At the moment there is a retest of the downtrend.
The analysis of the cumulative delta shows the presence of interest of buyers.
Buy entry can be looked for in the range of $51.00 - $56.00
Stop-loss can be placed under $42.00
Downside correction targets
$76,00
$88,00
$106,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered a financial advice