NEO had quite a range trend during the past weeks.
The nearest reliable support is also considered in the range of $6.5, which can be one of the reaction areas for a positive swing if the sellers come back and gain strength. In the 4-hour time frame, until the $7.3 resistance turns into support, we do not expect the trend to be bullish for the medium term.
The nearest reliable support is also considered in the range of $6.5, which can be one of the reaction areas for a positive swing if the sellers come back and gain strength. In the 4-hour time frame, until the $7.3 resistance turns into support, we do not expect the trend to be bullish for the medium term.