GOLDEN CROSS of the 50 and 200 Day Moving Averages
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Posted On: 04/09/2017 3:22:50 PM
GOLDEN CROSS of the 50 and 200 Day Moving Averages.
What is a GOLDEN CROSS?
The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average breaking above its
long-term moving average or resistance level.
As long-term indicators carry more weight,
the golden cross indicates a bull market on the horizon and is reinforced by
high trading volumes.
What is a GOLDEN CROSS?
The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average breaking above its
long-term moving average or resistance level.
As long-term indicators carry more weight,
the golden cross indicates a bull market on the horizon and is reinforced by
high trading volumes.
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