PharmaCyte Biotech Inc (PMCB)

[Syzygenic]

If I may, the moving averages simply reflect the price action of a stock over a specified period of time and display in the form of an average. Therefore, when two averages cross, it indicates a general change in the movement of PPS, either up or down, which is indicative of a trend reversal. When the 50 and the two hundred are on a path to converge, as they are, anything leading to increased price will strengthen the movement and get us closer to a trend reversal, or in this case, Massman's "golden cross," which is the holy grail of MA trend reversals since it uses the two common long term averages.