bud_fox Thursday, 03/10/16 04:12:02 PM Re: farviewhill post# 210 Post # of 231 That is the 50 day moving average. It is the average price over the last 50 trading days which for GIG is currently $2.73. If the price breaks the average and begins to trade above the 50 a bull rally will usually ensue. Likewise, when the PPS drops below the 50 dma a bear market usually takes place. It is also nice when the 50 dma (blue line on most charts) breaks through the 200 dma (red line) know as a golden cross or golden crossover.