NEO's analysis / rising channel / upside potential & targets
NEO after a long period of down trend is looking quite good
Rising channel - If NEO is able to maintain in the channel, breaking out of channel resistance can provide good upside potential with the green lines as targets.
Stop loss can be kept tight if breaks down from the channel.
Rising channel - If NEO is able to maintain in the channel, breaking out of channel resistance can provide good upside potential with the green lines as targets.
Stop loss can be kept tight if breaks down from the channel.