{"id":4515,"date":"2024-05-18T00:02:26","date_gmt":"2024-05-18T00:02:26","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/05\/18\/top-5-stocks-in-go-trends-fri-may-17-2024\/"},"modified":"2024-05-18T00:02:26","modified_gmt":"2024-05-18T00:02:26","slug":"top-5-stocks-in-go-trends-fri-may-17-2024","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/05\/18\/top-5-stocks-in-go-trends-fri-may-17-2024\/","title":{"rendered":"Top 5 Stocks in \u201cGo\u201d Trends | Fri May 17, 2024"},"content":{"rendered":"
\n

<\/h2>\n

Top 5 Stocks in \u201cGo\u201d Trends<\/h2>\n

Trend Continuation on Rising Momentum <\/h3>\n

GoNoGo Charts\u00ae 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.<\/p>\n

GoNoGo Icons\u00ae illuminate these events on the chart with green solid circles (or red circle to highlight continuation of NoGo trends). When GoNoGo Trend\u00ae is painting blue<\/strong> or aqua<\/strong> bars, a green solid circle will appear below price each time GoNoGo Oscillator\u00ae finds support at zero. <\/p>\n

Below are the top 5 stocks\/ETFs in \u201cGo\u201d trends with surging momentum by volume in the S&P 500 as of the daily closing price action: <\/h4>\n

StockCharts Scan for GoNoGo \u201cGo\u201d Trend Continuation<\/span><\/h3>\n

Walmart Inc \u2013 (WMT)<\/h3>\n<\/p>\n

\u00a7\u00a0GoNoGo Icons signaled a trend continuation on Thursday (05\/16\/24). <\/p>\n

\u00a7\u00a0After Wednesday\u2019s reversal candle on neutral amber <\/strong>trend conditions, price action gapped higher finishing the week on strong \u201cGo\u201d conditions painting blue<\/strong> bars.<\/p>\n

\u00a7\u00a0GoNoGo Oscillator found support at the zero line, racing higher to overbought momentum on Friday. <\/p>\n

\u00a7\u00a0Walmart has traded on heavy relative volume all week.<\/p>\n<\/p>\n

General Motors Co. (GM)<\/h3>\n<\/p>\n

\u00a7\u00a0GoNoGo Trend returned to strong blue<\/strong> \u201cGo\u201d conditions to conclude the trading week at prior highs just under $46\/share.<\/p>\n

\u00a7\u00a0GoNoGo Icons signaled a trend continuation on Thursday (05\/16\/24). <\/p>\n

\u00a7\u00a0GoNoGo Oscillator ended the week in positive territory breaking out of a Max GoNoGo Squeeze\u00ae as momentum compressed at the neutral zero line the past two trading weeks.<\/p>\n<\/p>\n

Newmont Corporation (NEM)<\/h3>\n<\/p>\n

\u00a7\u00a0GoNoGo Trend sustained strong blue<\/strong> \u201cGo\u201d conditions to throughout the trading week.<\/p>\n

\u00a7\u00a0GoNoGo Icons signaled a trend continuation on Friday (05\/17\/24). <\/p>\n

\u00a7\u00a0GoNoGo Oscillator ended the week in positive territory after retesting the zero line on light relative volume.<\/p>\n<\/p>\n

American Intl Group, Inc. (AIG)<\/h3>\n<\/p>\n

\u00a7\u00a0GoNoGo Trend returned to strong blue \u201cGo\u201d conditions to end this trading week.<\/p>\n

\u00a7\u00a0This recovery follows weakening trend conditions and corrective price action.<\/p>\n

\u00a7\u00a0GoNoGo Icons signaled a trend continuation on Friday (05\/17\/24). <\/p>\n

\u00a7\u00a0GoNoGo Oscillator tested and found support at the zero line.<\/p>\n

\u00a7\u00a0Momentum broke to positive territory on Friday rallying on heavy relative volume.<\/p>\n<\/p>\n

EQT Corp. (EQT)<\/h3>\n<\/p>\n

\u00a7\u00a0GoNoGo Trend ended the trading week on strong blue<\/strong> \u201cGo\u201d conditions.<\/p>\n

\u00a7\u00a0GoNoGo Icons signaled a trend continuation on Wednesday and Friday (05\/17\/24). <\/p>\n

\u00a7\u00a0GoNoGo 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. <\/p>\n

\u00a7\u00a0EQT Corp. has traded on light relative volume since early May.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Top 5 Stocks in \u201cGo\u201d Trends Trend Continuation on Rising Momentum GoNoGo Charts\u00ae 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\u00ae illuminate these […]<\/p>\n","protected":false},"author":0,"featured_media":4516,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/4515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=4515"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/4515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/4516"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=4515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=4515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=4515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}