NEO Analysis and bullish targets
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NEO has hit both of our 2 targets called back in September as posted here
(complete past analysis on link below: "NEO possible reversal")
In this moment NEO is in a very bullish trend keeping above daily MA100, and having higher highs and lower lows.
If daily MA100 supports should fail (doesn't seem to) we would have acting as a huge support the historical uptrend (blue line).
Fibonacci extension suggests new target:
- 87s usd (1.618 fib ext) - most likely
- 132s usd (2.618 fib. ext)- likely
(complete past analysis on link below: "NEO possible reversal")
In this moment NEO is in a very bullish trend keeping above daily MA100, and having higher highs and lower lows.
If daily MA100 supports should fail (doesn't seem to) we would have acting as a huge support the historical uptrend (blue line).
Fibonacci extension suggests new target:
- 87s usd (1.618 fib ext) - most likely
- 132s usd (2.618 fib. ext)- likely
Nota
correction on previous comment: higher highs and higher lowsNota
NEO eyes targetsNota
approaching targetNota
first target hitNota
second target hit
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