NEO is gearing up for another boring week

NEO (charted in dollars on Tradingview) is still consolidating, but trying to gain some bearish momentum. Right now the momentum is flat. The break of the trend lien was there, but the momentum was not. The arrows marked where the break of the trend line A should go, but we need selling interest to pick up, otherwise we see another boring range-bound week between support 1 and resistance 1.

Look for selling interest to pick up on any rally attempts this week.

Critical Resistance: $25.30
Key Resistance: $20.46

Key Support: $17.23
Critical Support: $13.68
Chart PatternsTechnical IndicatorsTrend Analysis

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