After several months of a basing pattern, the end of September saw a new “Go” trend identified for FNB Corp.
GoNoGo Oscillator broke into positive territory a few days prior to GoNoGo Trend painting the first aqua bars and since then, the oscillator has been in positive territory. Currently, GoNoGo Trend is painting strong “Go” bars as price tries to consolidate above resistance from pattern highs, and GoNoGo Oscillator has found support at the zero line and is moving back into positive territory. This indicates momentum returning in the direction of the “Go” trend.
