$TXT has been in a new “Go” trend since September 4th.
Since then it has edged higher but has not made a major move. During this time, GoNoGo Oscillator has been at or above the zero line after having broken out of a Max GoNoGo Squeeze several weeks ago. The oscillator has been able to continue to find support each time it has tested zero and so we see multiple Go Trend Continuation Icons (green circles) under price telling us that momentum is resurgent in the direction of the “Go” trend. We will watch to see if this gives price the push it needs to challenge the prior high from July.
