NEON Forecast


Bullish Case: NEON's recent performance (+53.2% last month) and raised media attention, like 'Longlegs', signal potential rebound. Short-term mean-reversion suggests further upward momentum.


Bearish Case: Historical data shows limited recovery likelihood (color intensity around 0-1 holding years). High IV (156-500%) implies significant risk, aligning with its historical downtrend.


Potential Outcomes:

1. Price rebounds to $4 (25%) - Continued mean-reversion and bullish sentiment.

2. Stabilizes around $3.5 (35%) - High implied volatility creating range-bound trading.

3. Declines below $2.5 (40%) - Persistent downtrend and macroeconomic pressures.


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July 20, 2024


Neonode Forecast

NEON      Neonode











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