I was remembering this now old post, and I see NEO has hit the support trend line. So as an exercise I draw the last (a)(b)(c) so that (b) fits the new data. This would mean either a rebound on the support trend line o continuing down to the next support around 16, right?
IF the support holds, then the white labels are mine and expect an impulse of five waves up.
![](https://steemitimages.com/DQmSNk3ZiBE9nenJkNhfkGVZh4J8eMEZwbLUFnDuXQZpoyB/image.png)
Thanks for taking the time to answer! Doing is the best way to learn.
IF the support holds, the white labels are mine:
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmVWqKMQfoFkzhtijiBFwUpcmDNRbg38wcBEySWBqrCjA9/image.png)