Extreme Networks looks for a new high in “Go” trend

Extreme Networks looks for a new high in “Go” trend

3

December 2021

By

Alex Cole

Extreme Networks is in an established "Go" trend having made multiple higher highs and higher lows.
After moving sideways for the past week, GoNoGo Oscillator has fallen to the zero line on heavy volume and looks to have found support.  For this "Go" trend to remain in place and healthy, it is a good sign that after falling to the zero line the oscillator has found such support.  We can look for price to rally again and perhaps target the 2018 high of just over $15.50.