Neo is in the early part of wave 3. Price is yet to break the wave 1 high of $ 58.
Look to enter closer to the 13 EMA.
Stop could considered below recent swing low.
Targets are
1. Equal legs extension at $ 70
2. Final target at 1.618 fib extension of $ 106
Risk reward for target 2 is 3+ :)
Look to enter closer to the 13 EMA.
Stop could considered below recent swing low.
Targets are
1. Equal legs extension at $ 70
2. Final target at 1.618 fib extension of $ 106
Risk reward for target 2 is 3+ :)