Posted On: 04/18/2015 7:16:42 AM
Post# of 57
Technically speaking- The most powerful GOLDEN CROSS of all should happen this upcoming week in UAPC. (*when the 50 day moving avg. crosses the 200 day moving avg.)
http://stockcharts.com/h-sc/ui?s=UAPC
The golden cross and the death cross
Two moving averages can also be used in conjunction to generate a powerful “crossover” trading signal. The crossover method involves buying or selling when a shorter moving average crosses a longer moving average.
A buy signal is generated when a fast moving average crosses above a slow moving average. For example, the “golden cross” occurs when a moving average, like the 50-day EMA, crosses above a 200-day moving average. This signal can be generated on an individual stock or on a broad market index, like the S&P 500.
Alternatively, a sell signal is generated when a fast moving average crosses below a slow moving average. This “death cross” would occur if a 50-day moving average, for example, crossed below a 200-day moving average.
http://stockcharts.com/h-sc/ui?s=UAPC
The golden cross and the death cross
Two moving averages can also be used in conjunction to generate a powerful “crossover” trading signal. The crossover method involves buying or selling when a shorter moving average crosses a longer moving average.
A buy signal is generated when a fast moving average crosses above a slow moving average. For example, the “golden cross” occurs when a moving average, like the 50-day EMA, crosses above a 200-day moving average. This signal can be generated on an individual stock or on a broad market index, like the S&P 500.
Alternatively, a sell signal is generated when a fast moving average crosses below a slow moving average. This “death cross” would occur if a 50-day moving average, for example, crossed below a 200-day moving average.
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