$X, after running up against resistance has seen price fall away.
The most recent price bar has seen GoNoGo Trend paint a weaker aqua “Go” bar as price struggled with overhead supply close to $26. This has caused GoNoGo Oscillator to return to zero on heavy volume where we will look to see if it finds support. If the oscillator finds support here we can look for price to make another run at that resistance. If the zero level doesn’t hold, that will be a threat to the “Go” trend.
