Resumed NEO Trading with Tight SL (Is this correction?)

31 ott 2020

Now I am going to retest the NEO buying potential and added a long position on BINANCE with a tight SL.

I potential going to attempt to SL efforts:

a) Buying at 14.710, SL = 13.75

b) Buying 10-11 Range, SL=-8%

Upside extension is the restest of the recent high but first profit taking near 20.

If the impulsive wave (final surge) continues, it will retrace 23.6% near 50.

Good bet here!!!

3 nov 2020

Nota

Nearly saved the SL today as NEO tried to break below 14 but failed so far, thanks to stock market push.

I keep holding the same position and it is very likely that I will book minor losses if it breaks below 13.75. Contrarily, the rise may resume if the presidential elections turn in favor of global expectations.

4 nov 2020

Trade chiuso: stop raggiunto

SL Triggers, now looking to the next dip below 50-period EMA on weekly. Potentially a spike to 10.86 will be a big help.

6 nov 2020

Nota

Since bitcoin surges, alts will follow up. Good to buy NEO again near 50W average now and target a retest of 20+.

25 nov 2020

Nota

20+ hits, and now patiently waiting for an extension and final surge:

27 dic 2020

Nota

NEO trade is still valid and an extension to 49 given BTC holds above 20K remain on the table:

16 gen 2021

Nota

NEO is going to retest the main hurdle 30,

23 gen 2021

Nota

still long on NEO and still expecting it to break the big resistance 30+/- and seeking near 50 for the next consolidation.

14 feb 2021

Nota

NEO is nicely settled to break 50 as originally thought months ago. This breakout can be stronger than one can think and NEO can be 100+. Nice position to book some profits:

24 feb 2021

Trade chiuso: obiettivo raggiunto