$FIS entered a new “Go” trend as GoNoGo Trend paints strong blue bars.
Before this change in trend, we had seen a “NoGo” trend that cycled through a series of lower lows and lower highs as price ultimately fell below $38. After the most recent low, we saw momentum spike as price rallied from the low and GoNoGo Trend flashed an amber “Go Fish” bar of uncertainty. We then saw GoNoGo Oscillator test the zero line from above and quickly find support. Now, with a new “Go” trend in place, we see continued momentum support as the chart flags a Go Trend Continuation Icon (green circle). With momentum therefore resurgent in the direction of the new “Go” trend, we will watch to see if this gives price the boost it needs to climb to a new higher high in the coming days.
