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Wednesday, January 29, 2014 2:43:15 PM
When the 50 MAs cross ABOVE the 200 MAs, that is called a GOLDEN CROSS. It is the single most bullish and accurate chart indicator used by traders and investors. ERBB and much of the MJ sector has shown the GOLDEN CROSS.
There is something called the DEATH CROSS which is the opposite when the 200 MA dips below the 50 MA but that is NOT WHAT ERBB IS SHOWING.
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