If we have found our high and the impulse waves are as shown, NEO is likely to follow three corrective waves (A, B, C) of the Elliott Wave.
Comment:
RSI divergence in the hourly chart and a volume decrease in latest upswing support the idea of an upcoming short term down trend. But we will see.
Comment:
a new bottom might be found, if we see enough volume in the bullish action, this could be a buy signal.
Comment:
buy signal in NEO.
