Global Blood Therapeutics Inc in bull flag as Go trend sees renewed momentum

Global Blood Therapeutics Inc in bull flag as Go trend sees renewed momentum

22

October 2021

By

Alex Cole

Global Blood Therapeutics has been correcting since hitting a high a week ago.

GoNoGo Trend Pro suggested this with a Counter Trend correction red arrow after the sharp rally that had identified the "Go" trend.  Since then, GoNoGo Oscillator has fallen to and found support at the zero line.  As it moves back into positive territory we see a green trend continuation icon under the price bar indicating that momentum has returned in the direction of the "Go" trend.  Look for price to set a new high.