$WRB has been in a “Go” trend since mid August.
Since entering the “Go” trend we have seen that GoNoGo Oscillator has been supported by the zero line bouncing back into positive territory every time it has hit that level. Now, as GoNoGo Trend paints strong blue bars and price climbs higher to test overhead resistance from a former high, we see that GoNoGo Oscillator has found support at the zero level one more time. With momentum therefore resurgent in the direction of the “Go” trend, we will watch to see if this will give price the push it needs to break through resistance and set a new higher high in the coming days.
