Thursday, August 27, 2015 12:07:14 PM
Downtrend has started as the 31ma is Cross'd lower then the 50ma...
http://www.investopedia.com/terms/d/deathcross.asp
DEFINITION of 'Death Cross'
A crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level.
INVESTOPEDIA EXPLAINS 'Death Cross'
As long-term indicators carry more weight, this trend indicates a bear market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new resistance level in the rising market.
RDSH might test the 200ma Level @ .0028's area...
RDSH is not on ANY Breakout or Most Read Boards right now...
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