Distorta

Neo may test bullish channel

做多
Distorta 已更新   
The moving average at 100 day close and 21 close are beginning to converge amidst resistance test. This local resistance is at $118 and will be approached in in the coming day. If volume picks up and Bollinger bands and Keltner channels stay tight with increased volume, a bull run is possible. If a bounce off the resistance happens and movement breaks the local support at $94 expect a bear run to the next support. Overall, optimistic that Neo will shine this spring and will be $250 by summer.
评论:
So far all predictions have been right. Resistance is now being challenged at $118. Fingers crossed for a breakthrough to $120
评论:
Breakthrough is confirmed. Next resistance target $130
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