TSXV:AAA.P - Post by User
Post by
MolyMadeMeRichon Sep 10, 2010 4:23am
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Post# 17432785
golden cross for amature hour.ignore time
golden cross for amature hour.ignore timeGolden Cross
What Does Golden Cross Mean?A crossover involving a security's short-term moving average (such as 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level.
Investopedia explains Golden Cross
As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new support level in the rising market.
Technicians might see this cross as a sign that the market has turned in favor of the stock.
THIS LOOKS LIKE IT SHOULD HAPPEN VERY SOON..GLTA...MMM$..IGNORE THE IGNORANT! GOD BLESS IGNORE!!!....LOL......:)..