Largo
Neo Struggles, But Chugs Along
Neo is failing to test new highs, which is foreboding. It appears to be consolidating into a bear wedge pattern, but the central moving average of the Kovach Reversals Indicator, and the 0.618 level of the Fibonacci Fan provides support.
We appear to have completed the third wave of the impulse of the 5-3 Elliott Wave, and are in the fifth wave right now, completing the impulse. However, we must break above wave 3 to confirm it, and NEO seems to be really struggling with this.
If you like the Kovach Indicators, check them out here!
We appear to have completed the third wave of the impulse of the 5-3 Elliott Wave, and are in the fifth wave right now, completing the impulse. However, we must break above wave 3 to confirm it, and NEO seems to be really struggling with this.
If you like the Kovach Indicators, check them out here!
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Join my discord at discord.io/quantguy
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.