Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

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.

0
FacebookTwitterGoogle +Pinterest
previous post
Fourth Circuit: Tax Exempt Status Is Not Federal Financial Assistance
next post
The Most Efficient Way To Follow The Markets – Customize Your Dashboard!

You may also like

Market Timing – Where are We Now?

October 19, 2022

SMCI Stock Rebounds: Why Its SCTR Score is...

May 14, 2025

What Bitcoin Is, and How That Has Changed

September 22, 2023

The Ord Oracle: October 18, 2023

October 18, 2023

Is This BUD Still For You?

May 29, 2023

Week Ahead: NIFTY Likely To See A Buoyant...

October 30, 2022

Use This Multi-Timeframe MACD Signal for Precision Trades

May 7, 2025

The Halftime Show: Fixed Income Continues To Fall,...

September 27, 2023

Small Caps are Set to Skyrocket in 2025—Here’s...

December 11, 2024

Unlocking Insights: Your Top Questions Answered! Q&A with...

August 18, 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.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.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 futureretirementsuccess.com | All Rights Reserved