Neo turned marginally bullish on its 1D technical outlook (RSI = 56.743, MACD = 0.356, ADX = 25.407) as it has validated the start of the new bullish wave, rebounding on the same level as it did on March 9th 2020. This is the least aggressive Bull Cycle for new but the presence of a HH trendline implies that a Cycle high can be minimum made on it. With the 1W MACD about to form a Bullish Cross, we expect the HH to get hit by the end of the year (TP = 30.000).
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