Since the “Go” trend was identified at $0.38 in the beginning of December, the trend in SENS has seen several legs up. Each time, after consolidation, shown by the GoNoGo Trend painting paler aqua bars and the GoNoGo Oscillator finding support at zero, price has surged higher, presenting green low risk trend continuation icons under the price bar.
This time seems different, after another leg up, the counter trend correction has been sharper, and for the first time, the GoNoGo Oscillator didn’t find support at the zero line, as we know it should if the trend is healthy.
By
Alex Cole
