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Imagination TV, Inc. IMTV
Posted On: 09/20/2013 7:58:53 PM
Post# of 45510
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Posted By: dtrdr
Re: ronb #36965
OK Smarty pants, then read this.


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/













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