In the early hours, the price surged from $48.37 approaching $50 and beyond for today's new high. Coming across setbacks again, NEO failed to rally further from this point, sails at $4747.5. Moving out from the ascending channel
, looks like there are more chances for a downtrend. However, if the momentum resumes, then it might set back to $49. RSI
drips at $27, overbought condition adheres.
The resistance value is $ 56.58
The support value is $ 53.17