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Re: josemaria post# 34053

Monday, 06/05/2017 1:08:00 PM

Monday, June 05, 2017 1:08:00 PM

Post# of 46070
Golden cross is when the 50DMA (50 day moving average) crosses over the 200DMA (200 day moving average). Look at the 2 lines on this chart.

http://stockcharts.com/h-sc/ui?s=BTGI&p=D&yr=0&mn=6&dy=0&id=p27039564414

The moving averages show the price trends over time. Going up is good, going down is bad. When a golden cross happens it is recognized as an indication that the overall long term trend has shifted from bearish to bullish. The Golden Cross should happen tomorrow or Wednesday. We should get a flood of new investors as it will be picked up on a ton of screeners.

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