CNO Financial Group Inc sees change in trend.
After a strong “NoGo” move that pushed prices down to a low of under $22, there has been enough strength in price for the inputs to the GoNoGo Trend indicator to flag a new “Go” trend by painting a pale aqua bar.
The GoNoGo Oscillator stayed below the zero line for the entire “NoGo” move, but then was able to break into positive territory a few bars ahead of the trend change, giving us a small head’s up. First we saw an amber “Go Fish” bar, and now a “Go” bar as the oscillator is in positive territory. We will look to see if price can consolidate above the highs of the basing pattern, around $24.
![GoNoGo Trend change to “GO” for CNO Financial Group Inc](https://www.gonogocharts.com/wp-content/uploads/2021/08/9SAbXilizUWgWplD_fZzDw.png)