After enduring a long “NoGo”, CDK Global Inc sees the technical environment continue to change for the better.
After GoNoGo Oscillator crossed above the zero line in early September and then found support at that level, GoNoGo Trend was unable to continue to paint continuous “NoGo” bars moving into a string of amber “GoFish” bars. Finally, as GoNoGo Oscillator continues to find support at the zero line GoNoGo Trend paints an aqua “Go” bar. We will look for price initially to fill the gap from end of August with an upper bound above $45.
