Ryder System Inc looks to try to set a new higher high in “Go” trend.
After a couple of higher highs and lows since the “Go” trend was established at the beginning of August, the GoNoGo Oscillator has fallen to the zero line once again but looks to have found support on heavy volume. This suggests that there is momentum returning in the direction of the trend. If the oscillator can move further into positive territory expect price to set a new high above $82.
