$HBAN has been in a “Go” trend since mid August.
After a series of higher highs and higher lows we hit a recent high on October 15th. We saw a Go Countertrend Correction Icon (red arrow) at that level that indicated price may struggle to go higher in the short term. We have since seen a string of weaker aqua bars. GoNoGo Oscillator during this time has fallen to test the zero level from above and looks to have found support at that level on heavy volume. With momentum resurgent in the direction of the “Go” trend we see signs of trend continuation (green circle) and will watch to see if price can climb to another new highs.
