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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!
Join my discord at discord.io/quantguy
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Join my discord at discord.io/quantguy
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.