serekamina

NEO is Next: Breakout in Progress

Long
NEO just broke out of the large bullish pennant it has been consolidating in on top of the big 236 fib, and is bull flagging under a downtrend line for a breakout to the upside. The MACD on the 4h is about to cross up, the RSI has a good amount of headroom, and volume just started to pick up. Let's see if NEO is about to do its "Superman thing".
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.