NEO flew high then fell fast, as did many other Alts this season. While faring better than some, it is resting on damaged support. Plotted are Support zones where additional fuel and ammo are.
1365-1371 is the minimum expected drop from current ledge. 1336-1340 would be an excellent launch point for next leg up. 1280-1291 should at least bounce strong, maybe pin reversal. 1244-1259 will be Neo's last stand, or downtrend may resume.
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See some of my other Charts and Trade calls below. I also plot Forex and some Stocks, check my profile page.
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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Nice! Two perfect launches off this one. Second one being the powerhouse, check out the name I had happened to give for that zone.