$NWSA, News Corp, saw a “Go” trend emerge at the end of September. After the initial rally, price has corrected against the trend ( we saw a GoNoGo CounterTrend correction red arrow). Now, after pulling back to the zero line, we see GoNoGo Oscillator find support at zero, indicating that momentum has returned in the direction of the trend. GoNoGo Trend is painting strong blue “Go” bars and we will look to see if price can set a new high.
