$NEO.X: Next Roadblock in Sight
The NEO/USD exchange rate is beginning to near its next major level of resistance at $39. If NEO can successfully hurdle through this roadblock, a clear path would be made to breach the next level of resistance at $44. As for now, buy-volume is seeping in strong, and the 12-DAY EMA just crossed over the 9-day EMA at a low point on the 4-hour chart, and seems to be gaining some solid momentum. In addition the RSI is beginning to gain some traction, and is not yet showing any signs of over-bought volume. NEO is beginning to excite... let's see where this one goes.
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