InvestorsHub Logo
Followers 0
Posts 22925
Boards Moderated 1
Alias Born 10/28/2010

Re: $tock~$crooge!! post# 835

Wednesday, 12/23/2015 11:30:01 AM

Wednesday, December 23, 2015 11:30:01 AM

Post# of 1379
~ ENZN = Chart = Minor Golden Cross!! wink

ENZN will Pop soon = Minor Golden Cross of the 31ma ABOVE the 50ma about to happen!! wink

Also MACD is Crossing and show'n UPTREND Coming!! wink


DEFINITION OF 'GOLDEN CROSS' wink
http://www.investopedia.com/terms/g/goldencross.asp

~A crossover involving a security's short-term moving average breaking above its long-term moving average or resistance level. wink
~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. wink
~Technicians might see this cross as a sign that the market has turned in favor of the stock. wink