NEO has broken the trend channel (1 daily candle). And the RSI has just turned.
MACD is neutral.
A) NEO can´t profit from this new trend and falls back to the negative trend
B) NEO stays out of trend channel and is making a new trend, positive this time
But we have to consider the next resistance at 30.58$ - very strong.
I would recommend to wait until the strong resistance is broken.
MACD is neutral.
A) NEO can´t profit from this new trend and falls back to the negative trend
B) NEO stays out of trend channel and is making a new trend, positive this time
But we have to consider the next resistance at 30.58$ - very strong.
I would recommend to wait until the strong resistance is broken.