📈 $NEO (1W)
Analysis:
NEO bounced back strong after hitting a major low in 2020, breaking out of a consolidation phase and forming higher lows in the long-term. This indicates a bullish trend. As the current price sits around consolidation again, we might be looking at the start of another significant upward move.
Price Targets:
If NEO breaks out upward from this consolidation, the first target is around $14. If the bullish trend continues, we could see NEO reaching higher targets at $27 and potentially $53 in the long run. Keep an eye on these levels for possible resistance or breakout points.
