Neogenomics Inc. $NEO has been in a consolidation since July 2016, but broke above this consolidation in August-September in 2017. Then we saw price retreat sharply back into the consolidation area. Still, I think price action shows that the market is bullish on NEO, IF it can push above 9.60. NEO Daily Chart(click to enlarge)Breakout and a Pullback:- The daily chart shows price break above the consolidation range resistance, which was in the 9.60-10.00 area. - However, it found strong resistance around 11.50, twice. - Bulls capitulated and price fell all the way down to 8.00 before finding support.- The fact price found support here, in the middle of the previous consolidation range, suggests that the market still has a bullish outlook on NEO relative to the price it has been since July 2016. Crossroad:- After rebounding from 8.00, price is now testing the previous range resistance at 9.60, which has become a common support/resistance pivot.- Meanwhile, the RSI is around 60, and if the market remains bearish, the RSI should hold under 60.- SO, if price pushes above 9.60, and the RSI clears above 60, we are probably going to see another visit to 11.50 and possibly go higher.Bullish Long-term:- I think the bullish outlook is more likely, supported by the prevailing long-term trend seen on the weekly chart.- The weekly chart shows that price actually bounced off a rising trendline support when it found buyers at 8.00.- Finally, the RSI in the weekly chart is still holding above 40, which is a sign that the prevailing bullish momentum is still intact.- The only thing working against the bullish outlook is the sharp pullback from 11.50. - Perhaps we should not have too aggressive a bullish outlook and keep it at 11.50 or at most 12.00 for now.NEO Weekly Chart(click to enlarge)