0.00814 could be the first TP target. If buying demand is still strong NEO could reach at the top of the trendline.
Note
Updating the chart with 2 targets for taking profit
Note
We're near the first lap.
Note
headshot! could consolidate a while before moving up again.
Trade closed: target reached
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Seems to me that this is the end of the rally. That long wick in that encircled candlestick looks very bad. It's also backed by a huge selling volume.
Correction targets
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Be careful of NEO as it could be in it's final wave. However, if buying pressure cannot be stopped, then it could still go higher. I suggest watching the price action to know where it will go next.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.