I saw this pattern i think 10:00 am to 11:00 am (Philippine time) drawn it in a hourly time frame.
Now it's trading near the neck line of the pattern and i think it will bounce off on that area.
What made me think it will bounce/hold that area?
- 3 overlapping support
- The bull still has its pressure. buying the dips
- And lastly the 38% fib retracement level just beneath the 0.01050 support
CAUTION:
MACD has a bearish signal
What do you guys think about NEO?
will it hold that SUPPORT?
Comment down below let me know what you think about it.
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