I've been following along with this the past couple of weeks and really like what you are going for here. I too started with Luc's trading strategies and have been able to double my small investment over the past few months. I have set aside a part of my portfolio for only position trading NEO using Luc's strategy to see where I can end up.
Some notes on the general drop in NEO price and it's trading activity. NEO is China's own blockchain, it's version of ethereum, and is heavily traded in both China and surrounding areas. As such, NEO already abides by the regulations that China is thinking about placing on cryptos later in the month. This could help bolster the coin, since it is the only coin that meets this regulations right now and will have a clean record when it start's listing ICO's if China puts in place these new regulations to monitor them. Secondly, China is currently in what is known as the "Ghost Month," from Aug. 22 to Sept. 19, where it is traditionally bad luck in many asian cultures to invest in anything, whether cryptos, stocks, or a new car. As such, trading on a global scale is down drastically, although that is not seen on the western exchanges we use. I'm currently waiting and expected the NEO charts to become a lot more interesting over the coming weeks to see if it's really worth it's salt.