$CCL has been in an uptrend making higher highs and higher lows since late May.
During that time, GoNoGo Oscillator has been supported by the zero line. We saw multiple Max GoNoGo Squeeze scenarios during that time and each one was broken to the upside indicating trend continuation. Most recently, we see price rising to test prior high resistance and GoNoGo Trend painting a series of strong blue “Go” bars. GoNoGo Oscillator broke out of a Max GoNoGo Squeeze into positive territory and then quickly retested that level and found support yet again. With the trend strong, and momentum resurgent in the direction of the “Go” trend, we will look for price to break to new highs and consolidate at levels above support.
