NEO Bullish Divergence

The price diverges with RSI, MACD and ADX line. It can be a signal that the market can reverse and start new upward movement. If so, we can try to catch this movement. Buy orders should be placed above SMA100 and the downtrend line. It's 24.00 level. Stop orders must be placed at 12.80 level. Profit targets are 32.00 and 52.00 resistance levels. If you think that this market does not have potential for upward movement, it will be better to skip this trading signal.