$NEO - 1D StochRSI oversold - Breakout trade
Neo looks close to breaking out to the upside. The 1D StochRSI is heavily oversold, and the price has bounced off of the 1H 50SMA.
A quick glance at the 4H Ichimoku Cloud also show a flat Kijun and flat Tenkan, indicative of a pullback to touch the Kijun at the .0064 level which also corresponds to a pullback of the 50% Fibonacci.
A quick glance at the 4H Ichimoku Cloud also show a flat Kijun and flat Tenkan, indicative of a pullback to touch the Kijun at the .0064 level which also corresponds to a pullback of the 50% Fibonacci.
Commento:
Watching this level closely: