"That depends on what you want to see... that's the problem with technical analysis I think." .. nicely put,
AND IN POLITICS .. RELIGION .. heh, for another place .. ;) :)
The RSI and MACD give a negative picture but .. WHO CARES, EH?
The MA200 should also give a huge support. GOOD
HADN'T heard of the label, but then and since have noticed that PPS OVER BLACK LINE .. IS GOOD .. heh ..
IF A BELIEVER GOOD IF NOT BAD .. HA! GOOD! ""
"Footnote: I don't think that a technical analysis is worth much on such a stocks, (pinksheets, low volume, big spread,...)"
AHA! IT WASN'T ALL MY FAULT .. HA
THANKS ..
WHEN I took my reckless plunge i checked out charts a bit and ... that's the problem with technical analysis I think.
Golden Cross
What does it Mean? A crossover involving a security's short-term moving average (such as 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level.
Investopedia Says... As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new support level in the rising market.
Technicians might see this cross as a sign that the market has turned in favor of the stock.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.