Array Technologies Inc has rallied off recent price lows over the last several bars.
The GoNoGo Trend indicator suggests that enough of the inputs used to identify trend have met bullish criteria and so a new “Go” trend has been identified with a pale aqua bar. The GoNoGo Oscillator hinted at this trend change when it broke above resistance at zero on heavy volume a few bars prior. Now, we will look to see if price can consolidate above levels that were resistance during the recent “NoGo” move.
