Pennant forming: NEO breakout

4 dic 2017

Neo will breakout soon, it double bottomed. Will test resistance that coincides with fibonacci retracement, likely pull back after that. Perhaps it will bounce back up to reach target 2.

4 dic 2017

Nota

Forgot to add: in case the market turns really really bearish and the support line breaks: 0.002 is the next supportline. Stoploss around 0.003 for safety.

6 dic 2017

Nota

We're on the verge of it bouncing off support or crashing through. Very curious what this candle will do.

6 dic 2017

Nota

Stop loss at 0.0025 in case support breaks. Buy upon 1 candlestick confirmation that it bounces off support.

6 dic 2017

Nota

Support broke. Buy opportunity at 0.002 soon.

4 gen 2018

Nota

It indeed hit 0.002, then broke out of pennant upwards, bounced off 0.382 fibbonacci. Now it will likely go to 0.236 until it can go to 0.618

9 gen 2018

Nota

Close to hit 0.0084. Expect pullback before it attempts to go to the 2nd target.

9 gen 2018

Nota

If it closes above 0.0084, strap yourselves in for 0.0114.

14 gen 2018

Trade attivo

TARGET REACHED, I did it guys! It may move to next target if candle closes above 0.012

15 gen 2018

Trade attivo

It's going for 0.014, which is the next target. Since it's really overbought now, I expect a pullback to 0.0114 before it may continue to climb again.

15 gen 2018

Nota

THIRD TARGET REACHED. Expect pullback: overbought.