Neo Dead Cat Bounce?

Neo has fallen quite a bit but seems to have rejected the lower bound of the KRI. Although it has been setback quite a bit, we still seem poised to rebound. The Kovach Momentum Indicators have dropped to reflect the weakness, but the OBV is somewhat bullish, which is encouraging. If Neo breaks down further, we'll have support at $100, $95, and $92. The first major level from above is $110, which is an important psychological and technical level. It corresponds to a Fibonacci level and a Fibonacci Fan level. Next, we have $115, $118. Further, from above, we have $124, $126, $131, $134, and $138, before we can think about levels in the $140's. If weakness continues, we have a bullish crab cypher pattern forming which could portend a breakout.

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