Golden Cross set up on that Daily Chart is very
Post# of 85484
(Total Views: 412)
Posted On: 04/09/2020 12:23:39 PM
Golden Cross set up on that Daily Chart is
very bullish(50ma crossing up through 200ma) with positivePAR SAR FLIP(DOTS), RSI is
in the over 50 buy zone and touched the 70 'power zone', now cooling off from consolidation,
IMO The chart is in a Bullish mode especially for the long term WEEKLY CHART:
http://schrts.co/hdQXdHrN
The GOLDEN CROSS is a technical chart pattern indicating the potential for a major rally. The golden cross appears on a chart when a stock's short-term moving average crosses above its long-term moving average. The golden cross can be contrasted with a death cross indicating a bearish price movement.
NOTE THAT BARCHARTS' OPINION WAS 100% SELL WHEN THE PPS WAS
AROUND 50%(and lower) ....AND WENT UP OVER 100%, SEEMS CONTRARIAN IMO.
very bullish(50ma crossing up through 200ma) with positivePAR SAR FLIP(DOTS), RSI is
in the over 50 buy zone and touched the 70 'power zone', now cooling off from consolidation,
IMO The chart is in a Bullish mode especially for the long term WEEKLY CHART:
http://schrts.co/hdQXdHrN
The GOLDEN CROSS is a technical chart pattern indicating the potential for a major rally. The golden cross appears on a chart when a stock's short-term moving average crosses above its long-term moving average. The golden cross can be contrasted with a death cross indicating a bearish price movement.
NOTE THAT BARCHARTS' OPINION WAS 100% SELL WHEN THE PPS WAS
AROUND 50%(and lower) ....AND WENT UP OVER 100%, SEEMS CONTRARIAN IMO.
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