Updated

NEO - Bull run detected

POSITION
bought @ 8900 (target @ 12300)
stop-loss @ 8100

BUY SIGNALS
- bull flag breakout
- T&K bull cross
- Price-T&K bull cross
- Price-Cloud entry, support challenged
- volume expansion followed by contraction

CAUTIONS/CONFIRMATIONS
- volume expansion at breakout confirms end of flag & start of bull run

Note

INTERPRETATION
Misread flag boundaries. Resulting consequences will be a delayed breakout period & price. Stop-Loss should be relatively the same (variable depending on where support level is placed). Position remains unchanged. New breakout may determine new breakout price & extrapolated target price.

CAUTIONS/CONFIRMATIONS
- bull run breakout w/volume expansion (volume contraction until breakout)

Trade active

POSITION
Entry @ 9100 (Target @ 12700)
Stop-loss @ 8100

BUY SIGNALS
- bull flag breakout
- T&K bull cross
- cloud entered; support tested & resisted

CAUTIONS/CONFIRMATIONS
- Price-T&K bull cross

Note

UPDATED PRICE TARGET @ 11800

INTERPRETATION
Time extrapolation still lacks accuracy. Target price data slightly adjusted to better fit numbers.

Trade closed: target reached

FINAL
Entry @ 8900 & 9100
Closed @ 11700
Net @ +30%

INTERPRETATION
NEO is a very strong hold for the long term. Closed position just to take maximum profits but will likely take another position soon after correction. High likelihood NEO will head back towards & surpass its ATH from August @ 13700.

Note

FINAL COMMENTS & OVERVIEW
Caution to those who continue to hold NEO after target has been reached. A pullback is only natural (& healthy) in the very near future w/such a profitable & nearly parabolic run. Long term investors may choose to ignore the pull-back as the NEO shows a bright & promising future.

FILOVIRUS

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FILOVIRUS