NEO - Not ready to Die...

I posted a week or so ago about NEO. Time to revisit

12Hr We broke up above the cloud on the 12th of Feb, and have not closed within the cloud since: Bullish
- We still have green skies ahead: Bullish
- Chikou Span is above Price still: Bullish
- Looking to close above Tenkan and Kijun: Bullish
MoMo (Bottom Oscillator) The slow line is above, and failed to drop below the 10 line - While the Histogram (faster moving) went down, and is turning up again, this is a sign of a Bear Trap.


3Hr We punched through the cloud and retested it and bounced: Bullish
- The Cloud is Bearish but we have a Kumo Twist inbound: Turning Bullish
- Chikou Span is above price now: Bullish
- Kijun and Tenkan have squeezed, it will be a couple more candles before we see a TK Cross: Turning Bullish
MoMo Both the slow and the Histogram have turned up, this is a strong buy.


We have a bunch of resistance above, So I feel we have some more sideways movement before we break up. NEO needs to wear out the sellers, but there seems to be a lot of pressure building up here which would lead to a strong break.