NEO
Long

NEO Bullish price action ahead!

140
After strong decline from Y wave top at $141 towards a recent low of $16, there is good reason to expect some upward price action in context with the overall NEO wave count and the evident wave completion at the low of $16 where a triple zig zag was finished. We have formed a strong reversal structure; with an inverse head and shoulder pattern forming in which a break of the neckline can lead us towards the $30-34 area.

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