Long
NEOS - Channel breakout long
NEOS seems breaking out a long term downward channel formation. Moneyflow is getting stronger & today it had a breakout with huge volume.
We think it has good upside potential & it will be a perfect hedge if market start to decline.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
We think it has good upside potential & it will be a perfect hedge if market start to decline.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Note
April 10th - Showing some weakness. Did not hit our entry criteria yet.Note
April 12th- Never hit our entry zone criteria and is not looking good, taking off our watch list
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.