NEO is bouncing up from support found on EMA200 and is gaining upside momentum.
If it breaks resistance at 0.00560000 we can be looking at 50% profit as the next resistance is at 0.00837000.
Both RSI and MACD indicate we are gaining positive momentum. The only thing I am concerned about is that volume might be a little bit too low to break the resistance, but lets see!
If you have any opinion about this idea please let me know in the comments below.
Cheers and have a great NEW YEAR!
If it breaks resistance at 0.00560000 we can be looking at 50% profit as the next resistance is at 0.00837000.
Both RSI and MACD indicate we are gaining positive momentum. The only thing I am concerned about is that volume might be a little bit too low to break the resistance, but lets see!
If you have any opinion about this idea please let me know in the comments below.
Cheers and have a great NEW YEAR!