In the absence of HC's nicest poster Ive been forced to have a look at the charts and attempt to make up my own mind.
How did I do???????????????????
Gee, is that one of those bullish spinning top candles. I still think calling it a spinning bottom would be more appropriate.
Perhaps a nice solid green (for me) candle today could even turn it into a morning star pattern? Imagine how good a gap up on open followed by a close above 4 would look!
And what is this, not only did we punch through the lower bollinger band yesterday, neos sp also touched my lower trend line of the current trading channel, just as it crossed through the 61.8% fib line.
Also worth noting that two very kind traders who shared with us some price and time information called the previous two trading days as a time for neo to put in some sort of low.
On the volume front I have observed that the last time we had 3 days of solid volume such as we have just witnessed, was at the top of this current downtrend.Perhaps we are now at the bottom.Not so sure if it is a valid conclusion, as I made it up.
As for moving the averages, I'd rather not talk about it thanks. The same applies for the useful macd histograms grrrrrr.My macd and stoch. monthly? Yea spewing on that too. Because of this I'll Be aware that a rise could just be a possible test back at the bottom of the triangle that was just broken?????
On the bright side, other squigly lines I follow point to neo being a tad oversold right now.
So far we have covered the up down bits. Let's now consider how convenient it would be for some to accumulate at these levels, while the oppies fade into distant memory. OK let's not. Well apparently Kain told someone on this forum NEO don't need the money. If true, I wonder at what point of time he first knew this??? Sorry that wasn't in my chart, nor was the potential 37% of 5mb of recoverable oil, but it just got a plug right!
Can't really think of anything else to go public with here other than to say, I hope 3.6 has bought everthing in the neo cosmos back into balance!
I know the very kind Dingo always says trade wisely on the information he provides, but Nikki says, don't trade on any info that Nikki provides.... that would be stupid.
A CASE OF - SAY IT'S GOING TO HAPPEN AND IT PROBABLY WON'T!
And Yogi, do you reckon you could make a one off, and sell this poor aussie citizen your astro tools package???? Can't you see I need help!!!!!!!!!!!!!
ROCK ON THE MIGHTY NEO INTO 06 errr.. I mean .06.
I'd probably blow .06 right now too.
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