After hitting a high at the end of March, $BUD price has failed to go higher.
Still in a “Go” trend but painting weaker aqua bars, price has made a second slightly lower high and then corrected lower again. During this attempt at a second high, the GoNoGo Oscillator was unable to break free of the zero line and so we saw a max GoNoGo Squeeze build. The most recent bar has seen the oscillator break out of the Max GoNoGo Squeeze into negative territory which could be a sign of further downside for price. We will watch to see if a “NoGo” ensues.