is big tech coming back

3

December 2020

By

Alex Cole

We’ve seen Tesla race to new highs in the last few weeks after moving sideways before that. This chart is a weekly chart of Apple and shows that it has yet to follow suit. However, it does seem to be trying to break out of the consolidation it has been in.
The GoNoGo Trend is a solid “Go” and the GoNoGo Oscillator so far has been able to find support at the zero line and in fact has just triggered a low risk entry. This is very positive when in a “Go” trend. We would like to see volume come back in, (the oscillator line would go dark blue) and a significant move into positive territory on the oscillator. If that happens, we would look for price to move to challenge prior highs of around 138.

get in touch

Mon - Fri 8:00 - 16:00
Subscription Form
research
$1.99 / week
Trend Analysis and Charts Delivered Weekly
Flight Path
Pre-Market Monday Morning
Launch Conditions
Delivered Every Saturday Morning
Research Chart Pack
16 GoNoGo Charts Included with Every Report
Premium
$9.99 / week
Daily Research
Flight Path
Pre-Market Monday Morning
Launch Conditions
First Thing Saturday Morning
Daily Blast Off
Pre Market Daily
add-ons
Deploy GoNoGo Indicators on Your Favorite Platforms