Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

Stocks

Top 5 Stocks in “Go” Trends | Fri May 17, 2024

by May 17, 2024
May 17, 2024
Top 5 Stocks in “Go” Trends | Fri May 17, 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

Walmart Inc – (WMT)

§ GoNoGo Icons signaled a trend continuation on Thursday (05/16/24).

§ After Wednesday’s reversal candle on neutral amber trend conditions, price action gapped higher finishing the week on strong “Go” conditions painting blue bars.

§ GoNoGo Oscillator found support at the zero line, racing higher to overbought momentum on Friday.

§ Walmart has traded on heavy relative volume all week.

General Motors Co. (GM)

§ GoNoGo Trend returned to strong blue “Go” conditions to conclude the trading week at prior highs just under $46/share.

§ GoNoGo Icons signaled a trend continuation on Thursday (05/16/24).

§ GoNoGo Oscillator ended the week in positive territory breaking out of a Max GoNoGo Squeeze® as momentum compressed at the neutral zero line the past two trading weeks.

Newmont Corporation (NEM)

§ GoNoGo Trend sustained strong blue “Go” conditions to throughout the trading week.

§ GoNoGo Icons signaled a trend continuation on Friday (05/17/24).

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

American Intl Group, Inc. (AIG)

§ 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 (05/17/24).

§ GoNoGo Oscillator tested and found support at the zero line.

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

EQT Corp. (EQT)

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

§ GoNoGo Icons signaled a trend continuation on Wednesday and Friday (05/17/24).

§ GoNoGo Oscillator entered the trading week at the neutral zero line, building a small squeeze, rallied, and retested before ending the week in positive territory again on Friday.

§ EQT Corp. has traded on light relative volume since early May.

previous post
The Most Efficient Way To Follow The Markets – Customize Your Dashboard!
next post
MEM TV: Here’s How to Trade Explosive Stocks After Earnings

Related Posts

Mag7 ETF Leads as Bullish Pattern Forms –...

January 24, 2025

Growth is Alive and Kicking for S&P 500

May 23, 2024

Homebuilding Rebound: How to Catch the Trend Early...

October 30, 2024

Week Ahead: NIFTY May Stay Ranged; Trending Moves...

October 19, 2024

Recession Fears Top of Mind As Tech Stocks...

August 2, 2024

Unlock Options Trading Opportunities with StockCharts & OptionsPlay

December 11, 2024

Dow Jones in the Spotlight, Bonds Stabilize, Tech...

September 20, 2024

The Economy is Slowing – Are You in...

July 6, 2024

Why Now Might Be the Best Time to...

December 23, 2024

The US Is Not The Only Stock Market...

October 25, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Latest News

    • State Department to begin mass layoffs of about 1,800 employees in coming days

      July 11, 2025
    • Duffy just got an additional job in Trump’s administration, and he’s not the only one wearing multiple hats

      July 11, 2025
    • Duffy just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

      July 10, 2025
    • ‘It will happen quickly’: State Dept poised to act after Supreme Court green-lights agency layoffs

      July 10, 2025
    • Hegseth tears up red tape, orders Pentagon to begin drone surge at Trump’s command

      July 10, 2025
    • SCOOP: Sen Ron Johnson readies subpoenas for FBI, DOJ in Butler shooting probe

      July 10, 2025

    Categories

    • Business (1,303)
    • Politics (6,344)
    • Stocks (904)
    • World News (460)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.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 © 2024 insidersadvisor.com | All Rights Reserved