$NEO.X: Holding well above the 50-day

NEO finding strong support well above the 50-day moving average. Buy volume seems to be coming in relatively well, and the 12-day EMA on the 4-hour chart seems to be on a steady upward rise above the 9-day EMA. Lets see if momentum can be held. Note: If NEO can break through its $40 resistance level, this would clear the path to $47-$50.
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