NEO have just breakout from a symmetrical triangle.
Symmetrical triangles are usually continuation pattern, and the breakout is indeed upward.
We had a confirmation of the breakout when it bounced @125.6$.
Plus, we had a nice volume increase on the breakout.
Target @182$ (+42%).
Stop loss @120$ (-6.5%).
Symmetrical triangles are usually continuation pattern, and the breakout is indeed upward.
We had a confirmation of the breakout when it bounced @125.6$.
Plus, we had a nice volume increase on the breakout.
Target @182$ (+42%).
Stop loss @120$ (-6.5%).