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Re: sssneo post# 13390

Sunday, 02/19/2012 11:40:51 PM

Sunday, February 19, 2012 11:40:51 PM

Post# of 44235
Yes indeed sssneo, for those who are not familiar with a golden cross. The golden cross is a chart pattern created when a shorter term moving average was below a longer term moving average, but it crosses above that moving average. This is typically seen as a bullish signal along with a healthy stock..

The golden cross is mostly used with longer term moving averages. It's an especially strong signal when the 50 day moving average crosses above the 200 day moving average which indicates a Golden Cross


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