$AIV showing trend continuation

$AIV showing trend continuation


May 2021


Alex Cole

$AIV is well into a "Go" trend with price having risen to a high of $7.08.

Price has now pulled back and the GoNoGo Trend indicator is painting weaker aqua bars.  As price looks for support, we see that the GoNoGo Oscillator has fallen to zero and quickly bounced back into positive territory.  This has caused a green circle, "Go" trend continuation icon, to appear under the most recent bar.  If momentum is coming back in the direction of the "Go" trend, we can look for price to try to set a new high.