$VLTO has been in a “Go” trend since late July.
We see that ever since then GoNoGo Oscillator has been primarily finding support at the zero line. Now, after a recent high, we see that GoNoGo Trend is painting weaker aqua bars and that GoNoGo Oscillator once again fell to test the zero level from above. Having found support at that level again, we will look to see if GoNoGo Trend is able to paint strong blue “Go” bars. With momentum now resurgent in the direction of the “Go” trend it will be interesting to see if this gives price the push it needs to see the “Go” trend continue to be strong and reach new higher highs.
