Post by
vonSachsenanhal on Apr 05, 2024 9:31am
Golden Cross here we come!
Our 50 DMA is 52.60 today. Our 200 DMA is 53.91.Inevitably, the 50 DMA will cross the 200 DMA next week.
A 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.
Comment by
vonSachsenanhal on Apr 05, 2024 9:32am
CORRECTION 200DMA IS 52.91 ... just 31 cents higher
Comment by
vonSachsenanhal on Apr 05, 2024 9:45am
Could be the explanation for the big rally on huge volume yesterday.
Comment by
llesage on Apr 05, 2024 10:56am
My charting shows the 50 DMA at $52.74, exactly the same as the 200 DMA at $52.74....golden days are here.