NEO Continues Downward Trend Before Next Breakout

The dotted line shows the long term upward trend that NEO exhibits. After each breakout there has been a large correction that usually lasts several weeks before finding a steady price. After weeks to months of stability, TA suggests that the next breakout is inevitable. TA currently points to sometime mid-October for NEOs next breakout, but fundamentals could push that date up even earlier.

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