Monday, November 19, 2012 4:25:22 PM
http://www.investopedia.com/university/movingaverage/movingaverages4.asp#axzz2ChoynOBj
The second type of crossover occurs when a short-term average crosses through a long-term average. This signal is used by traders to identify that momentum is shifting in one direction and that a strong move is likely approaching. A buy signal is generated when the short-term average crosses above the long-term average, while a sell signal is triggered by a short-term average crossing below a long-term average. As you can see from the chart below, this signal is very objective, which is why it's so popular.
You can actually see in the daily chart that the last time this happened, we had our little run into the .002's, once there was a sell off, it went under and the price stayed under. Now we are about to cross back up and have good financials from the company. IMO
Price is now above the 10, 20 & 50 day.
Let's hope the trend continues here.
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