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|Weekly forecast||NEO technical chart|
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (5.45 to 4.90). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
While the price is below the level 6.65, the probability of resumption of uptrend is too weak, so we would enter the market with buy trades based on Daily-Trading-Opportunities and a day close price above 6.65 and expect to reach short-term targets.
|Date||June 20, 2021 - 20:26|
|Forecast||resumption of uptrend|