After breaking out of its long descending channel, NEO broke out and consolidated sideways. Now, NEO broke out of its sideways consolidation and also broke back above 100 (which is a psychological resistance level). My targets are 110, 121 and then ATH at 134. After that, according to the Fibonacci retracement, we could see a move to 171 and 232, which are reachable targets in my opinion. For this reason I am very bullish on NEO. The nearest support level is at 94, and a break below it would be pretty bearish.
Any questions?
Good luck traders, Remember to protect what you have and not break your rules