Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Stocks

Top 5 Stocks in “Go” Trends | Fri May 31, 2024

by admin June 1, 2024
June 1, 2024
Top 5 Stocks in “Go” Trends | Fri May 31, 2024

Top 5 Stocks in “Go” Trends

Trend Continuation on Rising Momentum

GoNoGo Charts® highlight low-risk opportunities for trend participation with intuitive icons directly in the price action. The resurgence of momentum in the direction of the underlying price trend is an excellent entry opportunity, or the chance to scale up positions.

GoNoGo Icons® illuminate these events on the chart with green solid circles (or red circle to highlight continuation of NoGo trends). When GoNoGo Trend® is painting blue or aqua bars, a green solid circle will appear below price each time GoNoGo Oscillator® finds support at zero.

Below are the top 5 stocks/ETFs in “Go” trends with surging momentum by volume in the S&P 500 as of the daily closing price action:

StockCharts Scan for GoNoGo “Go” Trend Continuation

Apple, Inc. (AAPL)

§ GoNoGo Icons signaled a trend continuation on Friday (05/31/24).

§ After a sharp reversal last Friday, price climbed higher finishing the week on strong “Go” conditions painting blue bars back at prior highs.

§ GoNoGo Oscillator found support at the zero line this week, building a small squeeze before rising positive on Thursday and Friday.

§ AAPL has traded on light relative volume for the past three weeks.

Bank of America Corp. (BAC)

§ GoNoGo Trend returned to strong blue “Go” conditions to conclude the trading week just above prior highs at $40/share.

§ After a heavy wide range of trading Thursday, price closed right back up at the open.

§ GoNoGo Icons signaled a trend continuation on Friday (05/31/24).

§ GoNoGo Oscillator ended the week in positive territory finding support at zero.

§ Volume picked up during Friday’s strong rally.

Arch Capt. Grp. Ltd. (ACGL)

§ GoNoGo Trend sustained “Go” conditions, though it softened to weak form aqua bars the second half of the trading week.

§ GoNoGo Icons signaled a trend continuation on Friday (05/31/24).

§ GoNoGo Oscillator ended the week in positive territory after testing the zero line on heavy relative volume.

Keurig Dr Pepper Inc. (KDP)

§ GoNoGo Trend returned to strong blue “Go” conditions to end this trading week.

§ This recovery follows weakening trend conditions and corrective price action.

§ GoNoGo Icons signaled a trend continuation on Friday (05/31/24).

§ GoNoGo Oscillator retested and found support at the zero line for the 4th time in May showing a cluster of continuation icons.

§ GoNoGo Squeeze® built small grids as momentum compressed at the neutral zero line for the 2nd time in the past two trading weeks.

§ Momentum broke to positive territory on Friday – this time rallying on heavy relative volume.

J.P. Morgan Chase & Co. (JPM)

§ GoNoGo Trend ended the trading week on strong blue “Go” conditions.

§ GoNoGo Icons signaled a trend continuation on Friday (05/31/24).

§ GoNoGo Oscillator entered the trading week at the neutral zero line, building a squeeze, before breaking back into positive territory again on Friday.

§ JPM is trading on light relative volume.

Add the GoNoGo Plug-In for StockCharts Here

0
FacebookTwitterGoogle +Pinterest
previous post
Trump turns conviction into cash, spotlights record fundraising in wake of guilty verdict
next post
MUST SEE! Top 10 Stock Picks For June 2024

Related Posts

Stocks Soar, Energy Prices Spike: Are Geopolitical Tensions...

October 5, 2024

Two Consumer Stocks Popping to New Swing Highs!

June 27, 2024

Bullish or Bearish? The Truth About Rate Cuts...

September 21, 2024

One Potentially Big Problem Is Lurking For The...

May 20, 2024

Five Ways You Should Use ChartLists Starting Today!

November 28, 2024

Small-caps Break Out and Lead – Now What?

July 19, 2024

Why Were Chinese Stocks Up 20% Last Week?!

September 28, 2024

Clusters of Long Winning Streaks: What They’re Telling...

June 6, 2025

Is a New Market Uptrend Starting? Key Signals...

March 16, 2025

DP Trading Room: Defensive Sectors Lead the Pack

February 26, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Israel set to launch Gaza City offensive: High stakes, high costs ahead

      August 25, 2025
    • New RNC chair Joe Gruters vows to ‘ride the president all the way to victory’ in midterms

      August 25, 2025
    • Russia looks to update nuclear program amid ‘colossal threats’ from West

      August 25, 2025
    • Trump gave the Oval Office a gilded makeover – and covered the cost himself

      August 25, 2025
    • Trump learns a lesson grounded in faith, how best to stand tough on trade with China

      August 25, 2025

    Categories

    • Business (1,076)
    • Investing (2,896)
    • Politics (3,547)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved