Netstreit Corp has been in a strong “Go” trend for several months.
After a strong series of higher highs and higher lows Netstreit Corp prices have taken a pause. During this “Go” trend, the GoNoGo Oscillator has been mostly supported by the zero line providing low risk opportunities to enter the trend with each green circle. Now, after another high a few weeks ago, price is consolidating as investors digest gains, and the GoNoGo Oscillator has fallen to and is riding the zero line. This has caused the climbing grid of the GoNoGo Squeeze to rise to extremes and we will look to see if it can break out into positive territory as it has so often in this “Go” trend. If it does, we will see a new Go trend continuation green circle appear under the price bar.