NEO presents a buy oportunity close to the trendline. RSI is oversold and supports a long position.
Stop loss below the last flash crash and target at the down trend line. Part of the trade can be left to speculate higher highs on a breakout of the triangle.
Stop loss below the last flash crash and target at the down trend line. Part of the trade can be left to speculate higher highs on a breakout of the triangle.
Comment:
Price touched the trend line and bounced. Let's wait for a pivot to confirm.