$AAPL breaks out of max GoNoGo Squeeze

$AAPL breaks out of max GoNoGo Squeeze


November 2022


Alex Cole

$AAPL initially rallied from early November lows, and price looks for support in young "Go" trend.

Painting paler aqua "Go" bars, $AAPL has moved mostly sideways recently.  GoNoGo Oscillator has fallen to the zero line during that time where it stayed, causing the climbing grid of GoNoGo Squeeze to climb to its max.  Now we see the Max GoNoGo Squeeze being broken to the upside, suggesting that momentum is now in the direction of the trend, confirming the "Go" trend in price.  We will look to see if price can now challenge recent highs of $157.