Fortress Transportation and Infrastructure Investors sees momentum return in the direction of the “Go” trend as GoNoGo Oscillator breaks out of a squeeze into positive territory.
This triggered a Go Trend Continuation icon to appear under the current price bar. As prices consolidated against the new trend GoNoGo Oscillator fell to the zero line and then stayed at zero as the grid of the squeeze rose to its max. This indicated reduced volatility where we wait for the break out. If price can take out the high of the pattern then a measured move from the rally into the flag puts a target around $35.50.