Senseonics Holdings has seen price consolidate against the “Go” trend for a couple of weeks. In text book fashion, momentum and volume has waned during that time (see GoNoGo Oscillator panel).
We now see that after finding support at the zero line, the GoNoGo Oscillator has bounced into positive territory giving another trend continuation, low risk entry under the price.
Look for price to test and surpass the prior high close to $4.
