Neo neutral at best

Aug 22, 2017

Neo is currently in the Apex, but with RSI going nowhere/ failing to go back up after breaking resistence, I would not buy at this stage.. a move to at least horizontal support seems very likely

Aug 24, 2017

Note

Neo went a little higher than expected in short term. RSI went overbought on the hour chart which is something to keep notice of. On the 4 hour chart not much traction on RSI as of yet, also upmove confined by new drawn red boundary. No need to change view as of yet.

Aug 28, 2017

Note

Insights still valid

Aug 29, 2017

Note

Neutral stance left on the downside, new idea published.