NeoGenomics Inc (NEO)

[cashprofitsss]

Once a stock reaches or goes above the upper bollinger band you can expect a quick trip downward. Plus, like I pointed out it was too high above the 50 day line and ready for a reversal. Or, I wonder if the MM's just wanted to scare and grab the shares of all those who follow those penny stock sheets and took a position on Wed?

Not sure what's next for the stock -depends on what is said tomorrow.

As for the future...people are going to start taking their Q4 profits next month. And I see that large cap stocks are gaining favor which usually happens at the end of a bull market...so we could be heading into a correction or bear market next year which will pull down on this stock...for now, gotta just keeping watching out for warning and sell signs. Today (Thursday) looked like one but the stock ended up reversing and finishing in the upper half of the candlestick -a bullish sign!

see chart: http://stockcharts.com/gallery/?NGNM