After touching C, it looks like an attempt to break out of the downtrend (yellow ), tested the blue and failed.
downtrend didn't break either.
Looking at the whole market, I would advise to stay out of NEO for the time being and wait for a confirmation that it's starting a new uptrend. For now,(based on my rules) I don't see reasons to go long from here.
A deeper test into the targetbox may happen......
I will update when I see better conditions.
This downtrend (abc correction) looks like a big bullflag to me and its just a matter of time before it breaks out to the upside.
Tradingadvice: wait for a clear breakout, check my link below "how to trade breakouts"