Neo continued consolidating today, dropping down to tag the lower Bollinger Band. At that point, buyers stepped back in with just enough strength to push price back above the support levels. However, with price closing under the BB midline, expect to see more price consolidation in this lower part of the range until more buyers come back in.
If you like this post, please click the Like button, tell your friends, and re-Tweet!
Disclaimer: This post is for educational purposes only. Trading is at your own risk.
If you like this post, please click the Like button, tell your friends, and re-Tweet!
Disclaimer: This post is for educational purposes only. Trading is at your own risk.