Neo is bullish in the medium-term. Yesterday's breakout from the $53.45 upper supply area may likely be a confirmation that the bulls have taken over the market.
Neo returns to the range in the medium-term. The bears' further downward push of the price was rejected at the $47.50 demand area, leading to the bulls' return.
Neo's bearish trend continues in the medium-term outlook. The bears continue to dominate the market with strong momentum creating lows in price.
Neo is bearish in the medium-term outlook. The bears kept the momentum up creating fresh demand area after breaking the $50.00 demand zone.