yeah people call that the golden cross. i don't put much "stock" in that though. by definition, it generally comes after a large move. it's still indicative of a bullish trend though. i like a lot of the other indicators though. they show the stock is strong but not too overbought yet. the macd's look good, and the quick trix is showing another leg coming. the issue is that it's up against resistance at 2.30, so either it breaks it and runs a bit, or it doesn't break it and the next support is around 2.10 and then 2-ish.
thanks for commenting. stop by anytime.
what kind of professor are you? I was a special ed teacher in the bronx for a few years. took the year off to go on my honeymoon and just got back. gonna trade but if it doesn't work, probably get back into education.
GLTA, "Ya Gotta Believe"......in Yourself......and Jose Reyes and David Wright of course......
My notebook: #board-9317
