Posted On: 09/20/2013 7:58:53 PM
Post# of 45510
OK Smarty pants, then read this.
On a stock chart, the golden cross occurs when the 50-day MA rises sharply and crosses over the 200-day MA. Usually, a golden cross is associated with sharp upward price movement and can be used as a buy signal in the belief that a significant uptrend will follow. The reverse of this event is known as a Death Cross where the 50-day MA falls below the 200-day MA, a bearish signal. «
http://www.stockopedia.co.uk/chart-signals/go...ross-5178/
Golden Cross
On a stock chart, the golden cross occurs when the 50-day MA rises sharply and crosses over the 200-day MA. Usually, a golden cross is associated with sharp upward price movement and can be used as a buy signal in the belief that a significant uptrend will follow. The reverse of this event is known as a Death Cross where the 50-day MA falls below the 200-day MA, a bearish signal. «
http://www.stockopedia.co.uk/chart-signals/go...ross-5178/
(0)
(0)Scroll down for more posts ▼
