$META With Resurgent Momentum in “Go” Trend

$META With Resurgent Momentum in “Go” Trend

23

January 2025

By

Alex Cole

$META has been in a “Go” trend since the beginning of December.

We saw a new higher high right away but since that Go Countertrend Correction Icon (red arrow) price has been unable to climb to new heights.  During that time, we saw GoNoGo Trend paint a majority of weaker aqua bars and even a few amber “Go Fish” representing uncertainty.  GoNoGo Oscillator, except for a quick dip into negative territory has been able to stay at or above the zero line.  Most recently, it was stuck at that level and we saw a Max GoNoGo Squeeze form showing the tug of war between buyers and sellers at this level.   Now, the squeeze has been broken into positive territory and we can see a Go Trend Continuation Icon (green circle) under price indicating surging momentum in the direction of the “Go” trend.  We will see if this gives price the push it needs to move to a new higher high.

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