GoNoGo Trend shows $AGL breaking out into new “Go” trend.
As $AGL pulls out of a NoGo we saw the GoNoGo Oscillator break above the zero line during the right side of the basing consolidation pattern. It has since found support at that level and after a couple of amber “Go Fish” bars is flagging the first aqua bar of a “Go” trend. Based on the depth of the pattern it is breaking out from we can look for price to challenge the prior highs around $26.
