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Esoteric_ab3

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Esoteric_ab3

Re: AUtigers post# 34920

Wednesday, 02/12/2014 1:29:30 PM

Wednesday, February 12, 2014 1:29:30 PM

Post# of 211437
Golden Cross:

On a stock chart, the golden cross occurs when the 50-day MA rises sharply and crosses over the 200-day MA. This is seen as bullish.

Usually, a golden cross is associated with sharp upward price movement and can be used as a buy signal in the belief that a significant uptrend will follow.
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