Neo is struggling to break 1276 Fib line bouncing back and fourth. MACD
is negative, RSI
is flat and the 5 day is trending down. Overall NEO is in a down-trending channel. The next two days will tell a lot as NEO will hit the trend wall and may continue down the channel or if we get the necessary volume
, may break through it. The only saving factor is the Bollinger bands
. They are squeezing, becoming more narrow they become the better chance for a breakout. Again hard to determine a good buy in until we see which direction in the channel NEO goes.