$DHI sees continuation in “Go” trend

$DHI sees continuation in “Go” trend


December 2022


Alex Cole

GoNoGo Trend shows $DHI has been in a “Go” trend since October.

As price has been making a series of higher highs and higher lows, GoNoGo Oscillator has been supported by the zero line throughout.  Now, after this most recent high in price we see the oscillator fall to the zero line once again and immediately bounce back into positive territory.  This suggests momentum once again surging in the direction of the “Go” trend.  We can look for price to set another higher high.