NEO Rallys but is it Enough? - 12-20-2017

NEO tumbled yesterday from it's ATH to final find it's footing just above the 50% retracement level. Price found support at $63.51, the .38 fib and then crossed over the fast Hull MA which then turned green to confirm the bullish signal. Price has now found additional support at the 21 SMA although currently trading under the Hull. If price can close above the Hull, it is likely then to make another run at the ATHs.

Let me know if you like these new line charts. I think they reduce the noise of the candles. Leave a comment below and let me know what you think. :=)

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Disclaimer: This post is for educational purposes only. Trading is at your own risk.