GoNoGo Trend change to “GO” for CNO Financial Group Inc

GoNoGo Trend change to “GO” for CNO Financial Group Inc

13

August 2021

By

Alex Cole

CNO Financial Group Inc sees change in trend.
After a strong "NoGo" move that pushed prices down to a low of  under $22, there has been enough strength in price for the inputs to the GoNoGo Trend indicator to flag a new "Go" trend by painting a pale aqua bar.
The GoNoGo Oscillator stayed below the zero line for the entire "NoGo" move, but then was able to break into positive territory a few bars ahead of the trend change, giving us a small head's up.  First we saw an amber "Go Fish" bar, and now a "Go" bar as the oscillator is in positive territory.  We will look to see if price can consolidate above the highs of the basing pattern, around $24.