$TAP has entered a new “NoGo” trend.
This comes as price threatens to break through an area of support that comes in the way of prior lows and prior highs (earlier in the chart). We see that with this movement in price GoNoGo Oscillator has fallen to and through the zero line and volume is heavy (darker blue of oscillator). We will watch to see if this move in momentum, confirming the new “NoGo” trend in panel above, will give price the push it needs to break through support and set a new lower low.
