NEOLong
Neo Struggles, But Chugs Along
Neo is failing to test new highs, which is foreboding. It appears to be consolidating into a bear wedge pattern, but the central moving average of the Kovach Reversals Indicator, and the 0.618 level of the Fibonacci Fan provides support.
We appear to have completed the third wave of the impulse of the 5-3 Elliott Wave, and are in the fifth wave right now, completing the impulse. However, we must break above wave 3 to confirm it, and NEO seems to be really struggling with this.
If you like the Kovach Indicators, check them out here!
We appear to have completed the third wave of the impulse of the 5-3 Elliott Wave, and are in the fifth wave right now, completing the impulse. However, we must break above wave 3 to confirm it, and NEO seems to be really struggling with this.
If you like the Kovach Indicators, check them out here!
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Join my discord at discord.io/quantguy
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.