Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Stocks

Top 5 Stocks in “Go” Trends | Fri June 28, 2024

by June 29, 2024
June 29, 2024
Top 5 Stocks in “Go” Trends | Fri June 28, 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:

Uber Technologies, Inc. (UBER)

§ GoNoGo Icons signaled a trend continuation on Friday (06/28/24).

§ After a sharp reversal in early June, price climbed higher finishing the week on strong “Go” conditions painting blue bars.

§ GoNoGo Oscillator found support at the zero line twice this week, before rising positive on Friday.

§ Uber has traded on light relative volume for the past six weeks.

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

§ GoNoGo Trend returned to “Go” conditions this week following a period of corrective No Go and amber neutral conditions.

§ GoNoGo Icons signaled a trend continuation on Friday (06/28/24).

§ GoNoGo Oscillator ended the week in positive territory after breaking out of a GoNoGo Squeeze.

§ Volume was heavy throughout the rally.

Williams Cos., Inc. (WMB)

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

§ GoNoGo Icons signaled a trend continuation on Friday (06/28/24).

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

Bank of New York Mellon Corp (BK)

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

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

§ GoNoGo Icons signaled a trend continuation on Friday (06/28/24).

§ GoNoGo Oscillator ended the week in positive territory after breaking out of a GoNoGo Squeeze.

§ Momentum broke to positive territory on Friday, rallying on heavy relative volume.

International Business Machines (IBM)

§ GoNoGo Trend ended the trading week on weaker form aqua “Go” conditions.

§ GoNoGo Icons signaled a trend continuation on Friday (06/28/24).

§ GoNoGo Oscillator broke out of a max squeeze, before retesting zero this week and breaking back into positive territory again on Friday.

§ IBM is trading on heavy relative volume.

GoNoGo Charts Plug-In Available for StockCharts ACP

0
FacebookTwitterGoogle +Pinterest
previous post
3 Essential Lessons We Investors Can Learn from Top Winemakers
next post
Top 10 Stocks to Watch in July 2024!

Related Posts

ChartPacks: The Quick and Easy Way to UNLEASH...

September 30, 2023

Can the S&P 500 Move Meaningfully Higher Without...

June 29, 2024

Technology Stocks Back In the Lead: Are Inflation...

May 4, 2024

AMZN: A Case Study in Bearish Divergence

February 25, 2025

200-Day Moving Average Confirms Bearish Phase

April 17, 2025

The Bull Case for Commodities

September 12, 2023

Are The Markets Just Pulling Back, or Is...

June 24, 2023

Master the 18/40 MA Strategy: Spot Trend, Momentum...

May 1, 2025

How to Shield Your Stocks During a Market...

April 24, 2025

What NOT To Do as a Trader

August 30, 2023

    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.

    Latest

    • How I Triple My Returns With 3x Leveraged ETFs!

    • How to Find Compelling Charts in Every Sector

    • EVs Now Emit 73 percent Less Than Gasoline Cars Over Their Lifetime, Says ICCT Study

    • Cygnus Metals Limited: Issue of Performance Rights

    • FPX Nickel Announces Share-Based Compensation Grant

    • Blue Lagoon Resources Officially Opens Dome Mountain Gold Mine in British Columbia

    Categories

    • Business (1,287)
    • Investing (2,662)
    • Politics (3,699)
    • Stocks (1,711)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 moneycontrolplace.com | All Rights Reserved