Renewed momentum suggests SOLO may resist highs above $13


January 2021


Alex Cole

After several periods of sideways consolidation which saw the GoNoGo Oscillator move below zero, there has been a significant move back into positive territory accompanied by increased volume. (Dark blue of oscillator).
This has led to new “Go” signals and a green low risk entry signal under price on the previous bar. 
if this situation holds, expect price to move higher and perhaps test the November highs.

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