Blue Apron Holdings ($APRN) sees Go Trend Continuation

Blue Apron Holdings ($APRN) sees Go Trend Continuation

8

September 2022

By

Alex Cole

$APRN has seen price consolidate sideways for the past few weeks.

After identifying a “Go” trend in mid August, price has failed to make much headway as it has moved mostly sideways since.  During that time GoNoGo Trend has been able to maintain “Go” colored bars however, and GoNoGo Oscillator has remained above zero on heavy volume.  Now, GoNoGo Oscillator is breaking out of a GoNoGo Squeeze into positive territory signaling renewed momentum in the direction of the Go trend.  Perhaps this will be enough to send price to new highs.

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