Can the trend continue for American homes 4 rent?

Can the trend continue for American homes 4 rent?

5

August 2021

By

Alex Cole

American Homes 4 Rent; what a trend it has been!

A picture perfect “Go” trend as price moves consistently higher making higher highs and lows, with the GoNoGo Oscillator in positive territory and being supported by the zero line the entire time, providing several low risk opportunities to enter. Currently, price action has caused the GoNoGo Oscillator to fall to the zero line where it immediately found support, triggering another low risk Go Trend Continuation green circle to appear under the price bar.  We have seen bearish divergence with the GoNoGo Oscillator making lower highs as price creeps higher but this can happen several times in a strong trend.  

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