Since it’s peak at the end of April the bears have had their way with NEO. There's been a persistent downtrend in the market, but the bulls are strong and they won’t go down without a fight.
After every bottom we see a clear retrace to key fibonacci levels. Our aim is to use this strategy and take advantage of those retracement levels. We have found strong support at the $36 mark, so now we wait for the breakout.