GoNoGo Trend change for GE?
Is the tide turning for GE?
For the first time since February 26th the GoNoGo Trend indicator is unable to paint a bearish color instead showing the amber neutral of “No Trend”.
This color change has happened on a gap and above prior highs. The GoNoGo Oscillator hinted at this change as it broke above zero for the first time since mid February one bar earlier. This new positive momentum could lead to a “Go” in the price chart and a test of the prior highs around 8 dollars
This color change has happened on a gap and above prior highs. The GoNoGo Oscillator hinted at this change as it broke above zero for the first time since mid February one bar earlier. This new positive momentum could lead to a “Go” in the price chart and a test of the prior highs around 8 dollars
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.