Meridian BioScience has seen several Go Trend Continuation icons toward the second half of this consolidation as price has struggled to get higher than a prior high.
Now, price seems to have broken out to new highs and GoNoGo Oscillator confirms momentum in the direction of the “Go” trend with a fresh Go Trend Continuation green circle. This also comes with heavy volume as investors participate in the move. Look for price to set a new high as the “Go” trend continues.
By
Alex Cole
