NEO possible correction target 95 ~ 85 (.618)

NEO has failed to breach $110 for the third time, and the bearish divergence I mentioned before still persists.

In this context, it's likely to retest lower levels for support. Here are several:

• @ around 95, we have the pitchfork, the weekly EMA, and the .786 level all meeting at the same point.
  
• @ around 85, we have the .618 level and the mid-term trend line.
  

I personally don't think it'll go lower than that.

تعليق:

about to reach 95. may still go a bit more, depending on the market overall