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Wednesday, November 02, 2016 3:49:27 PM
MA15 has crossed MA50 on 10/10. Today we've got the volume, which expected to keep increasing with each new day.
"The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes."
Read more: Golden Cross Definition | Investopedia http://www.investopedia.com/terms/g/goldencross.asp#ixzz4OslBCkam
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