Steel Partners Holdings looking to make new high in Go trend

Steel Partners Holdings looking to make new high in Go trend

11

March 2022

By

Alex Cole

Steel Partners Holdings has entered a "Go" trend and sees momentum on its side as it tries to attack prior high.

As price runs up against resistance at $42 we see that GoNoGo Oscillator has found support at the zero line bouncing back into positive territory.  The current bar shows the "Go" trend strengthening as it paints a strong blue "Go" bar as we see a Go Trend Continuation Icon (green circle) underneath.  If GoNoGo Oscillator stays in positive territory we can look for price to set a new all time high above $42.