[UPDATE] NEO is about to start a next Elliot Wave pattern

NEO is likely to break out from the upward trendline. If we look at the Elliot Waves, NEO just completed the C wave. We expect NEO to start gaining again from this point. If NEO repeats the trend from last week (yellow line) it can go very bullish in the next two days. But, most probably a more stabile trend is going to occur, so it will take some more time. If that happens NEO go back to 140-144USD this week. Always keep in mind! Upwards movements always come with some corrections on the way! 

If NEO breaks the trendline (orange line) it will take a lot more time before NEO hits old levels again. 

John Daluso