Technical analysis by sven101 about Symbol NEO: Sell recommendation (11/5/2023)

My short idea is based off of 3 things 1. My 4sma strategy 2. 40+% move in 24 hour period being generally unsustainable 3. Volume on multiple time frames is exhausted, especially the 4h large green volume spike, shows potential for reversal. Targets based on my 4sma strategy are indicated by horizontal lines.