Industrial Logistics Properties Trust is testing a key support level.
GoNoGo Trend shows that price is in a strong “NoGo” painting purple bars as price touches a level that has been support several times. GoNoGo Oscillator has been turned away by the zero line from below on heavy volume (the oscillator is dark blue) after a GoNoGo Squeeze reached its max. This suggests that if price can move below the support level we will likely see a new leg down to a lower low.
