NEO Analysis 5/06 NEO-USD

Also with NEO / USD I expect an outbreak from the consolidation formation down. As mentioned in the last analysis, I still expect a reset in the $ 69.00 - $ 63.00 range. Since then nothing has changed in the market situation.
I recommend to keep an eye on the volume as you move further down. Should it rise on falling prices, this is a negative interpretation if you are on the long side. Chartically, it is important that the price range is around $ 55.00.

This is NOT investment advice and does not require buying or selling. Every reader is aware of this and makes their own investment decision with their own understanding of risk management!

Cheers Jessy