Radware Ltd has seen a series of higher highs and higher lows over the last few months.
The “Go” trend clearly in place as prices have climbed from around $26 to almost $33. During this time, the GoNoGo Oscillator has largely found support at the zero line and currently we are seeing the same scenario play out. The oscillator has fallen to the zero line and on the last price bar has risen into positive territory. This triggered a low risk Go trend continuation green circle to appear under the price bar suggesting that an attempt to move higher will ensue.
By
Alex Cole
