$EVRG has been in a “Go” trend since early this year.
We saw price make a series of higher highs and higher lows. After the ultimate high in the beginning of March, we saw a Go Countertrend Correction Icon (red arrow) indicating that price may struggle to go higher in the short term due to waning momentum. Indeed, price fell and then failed to make a new high and the “Go” trend was interrupted by a few amber “Go Fish” bars of uncertainty as GoNoGo Oscillator fell into negative territory. Price has since rallied off the low and GoNoGo Oscillator has regained positive territory after a small GoNoGo Squeeze. With momentum resurgent in the direction of the “Go” trend, price is running up against resistance. We will see if this momentum boost gives price the push it needs to climb to a new higher high.
