Short Term Long - Symmetrical Triangle

Neo has been volatile since the announcement of the announcement and it left many disappointed. It formed a symmetrical triangle as drawn on the chart. In the Short-term, it is bouncing nicely off the the bottom triangle and expect a minimun bounce to the 39-41 area. Typically such a formation will result in a break to the downside, however, we can never know for sure. On the chart are targets for the upside scenario and the by back in case it drops.

Good Luck!

Trade fechado: objetivo atingido:

Reached all TP , Grats