$HEES sees a new “Go” bar after a period of sideways correction on the daily GoNoGo Chart.
This aqua bar comes as GoNoGo Oscillator continues to find support at the zero line. After multiple GoNoGo Squeeze grids, the oscillator has rallied into positive territory. We will look to see price make an attack on the November high from here. If you turn to the weekly GoNoGo Chart above, you can see that the trend on the longer time frame is a “Go’ and a GoNoGo Squeeze building. This activity on the daily chart may represent an opportunity to take advantage of the pause in the longer time frame and enter the prevailing trend.
