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Plastic2Oil, Inc. PTOI
Posted On: 09/26/2016 10:40:39 AM
Post# of 43066
Posted By: Capitalgain
Re: 4kids #33413
Thanks, here is a bit more simplified chart just showing the 50 and 200 day moving average, we are with a few days of the 50 day moving through the 200 day average, this has only happened briefly last year in Sep-Oct time in the last 5 years, when it happened last year it was more because the 200 day ma was breaking down through the 50 day ma.

it will be interesting to see if the golden cross will have any meaningful effect this time around.

http://stockcharts.com/h-sc/ui

http://stockcharts.com/h-sc/ui

the golden cross happened two times back in 2009 and 2011, both times the stock took off in a huge way

http://stockcharts.com/h-sc/ui













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