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Goodbuddy4863

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Goodbuddy4863

Re: MagicStone post# 2431

Monday, 11/21/2016 11:32:06 AM

Monday, November 21, 2016 11:32:06 AM

Post# of 11314
That Chart looks good to me.

http://finance.zacks.com/golden-cross-mean-financial-terms-9519.html

What Golden Crosses Mean:

"Usually calculated by comparing a 50-day to a 200-day moving average, golden crosses are interpreted to mean that a stock is going up. The idea behind a golden cross is that if an investment's performance is continuing to lag, both the 50-day and the 200-day averages should stay about the same distance from each other. If the 50-day average picks up and crosses the longer-term average, it's a sign that the investment's price has started to increase and that there could be further upward momentum."
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