Resumed NEO Trading with Tight SL (Is this correction?)

Oct 31, 2020

Now I am going to retest the NEO buying potential and added a long position on BINANCE with a tight SL.

I potential going to attempt to SL efforts:

a) Buying at 14.710, SL = 13.75

b) Buying 10-11 Range, SL=-8%

Upside extension is the restest of the recent high but first profit taking near 20.

If the impulsive wave (final surge) continues, it will retrace 23.6% near 50.

Good bet here!!!

Nov 3, 2020

Note

Nearly saved the SL today as NEO tried to break below 14 but failed so far, thanks to stock market push.

I keep holding the same position and it is very likely that I will book minor losses if it breaks below 13.75. Contrarily, the rise may resume if the presidential elections turn in favor of global expectations.

Nov 4, 2020

Trade closed: stop reached

SL Triggers, now looking to the next dip below 50-period EMA on weekly. Potentially a spike to 10.86 will be a big help.

Nov 6, 2020

Note

Since bitcoin surges, alts will follow up. Good to buy NEO again near 50W average now and target a retest of 20+.

Nov 25, 2020

Note

20+ hits, and now patiently waiting for an extension and final surge:

Dec 27, 2020

Note

NEO trade is still valid and an extension to 49 given BTC holds above 20K remain on the table:

Jan 16, 2021

Note

NEO is going to retest the main hurdle 30,

Jan 23, 2021

Note

still long on NEO and still expecting it to break the big resistance 30+/- and seeking near 50 for the next consolidation.

Feb 14, 2021

Note

NEO is nicely settled to break 50 as originally thought months ago. This breakout can be stronger than one can think and NEO can be 100+. Nice position to book some profits:

Feb 24, 2021

Trade closed: target reached