NEO is on a descending channel

NEO is on a descending channel. With a strong support at 5.5$ and a EMA50 (cyan) resistance, see how it dictated every attempt of #NEO to breakout from this channel. Anyway trading this up and dn inside the channel can be profitable. Check last buy signal from UCTS.

Set up alerts around 5.5-9.38$. If it breaks up, next resistance will be the top trendline of the descending channel. around 11$. Wait for confirmation if we breakup with Volume, UCTS signals and Restests!. NEO


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