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sylvanemperor

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sylvanemperor

Re: josemaria post# 34053

Monday, 06/05/2017 1:07:46 PM

Monday, June 05, 2017 1:07:46 PM

Post# of 46070
What is a 'Golden Cross'

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 http://www.investopedia.com/terms/g/goldencross.asp#ixzz4j9HQ2a4q
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