$TSLA looks to move higher in new “Go” trend

$TSLA looks to move higher in new “Go” trend


March 2023


Alex Cole

$TSLA has entered a new “Go” trend.

After a correction that was strong enough to push GoNoGo Trend out of “Go” colors and GoNoGo Oscillator into negative territory, we now see GoNoGo Trend painting “Go” colors again.  GoNoGo Oscillator had been riding the zero line for several bars causing the climbing grid of GoNoGo Squeeze to rise to 4, but now we see GoNoGo Oscillator breaking out of that squeeze into positive territory.  This resurgent momentum may give price the push it needs to climb to the top of the channel and test prior highs.