$TAP Sets Up for New Highs?

2

April 2025

By

Alex Cole

$TAP has been in a “Go” trend since mid February.

Since then we have seen a higher high but we then saw the trend threatened as GoNoGo Trend painted weaker aqua bars and GoNoGo Oscillator fell below the zero line into negative territory. After price appeared to find support at prior lows, GoNoGo Oscillator rallied and broke back into positive territory. With GoNoGo Trend again painting strong blue bars, we can say that momentum is resurgent in the direction of the “Go” trend as we see a Go Continuation Icon (green circle).  We will see if this gives price the push it needs to make a new higher high.

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