Dorchester Minerals has been in a “Go” trend since the end of last year.
During that time, GoNoGo Oscillator has mostly found support at the zero line as you’d expect. After hitting a high on April 4th, price has moved primarily sideways since. This lack of volatility has seen the climbing grid of GoNoGo Squeeze rise to its max. We have seen on the last bar the oscillator break out of the squeeze and into positive territory which would suggest that momentum is back in the direction of the “Go” trend. Look for price to make an attempt to take out prior highs.
