InvestorsHub Logo
Followers 6
Posts 121
Boards Moderated 0
Alias Born 10/14/2011

Re: zoobadooba post# 30942

Friday, 02/21/2014 10:35:26 AM

Friday, February 21, 2014 10:35:26 AM

Post# of 51783
A golden cross refers to the event when the 50 DMA rises above the 200 DMA. The 50 DMA only makes one move a day.So in the next 1-3 days the 50 DMA will be above the 200 DMA,that is the golden cross.

So next week everyone holding wil be GOLDEN. A perfect day(Friday shake out where day traders don't like to hold through the weekend)to catch the dip to ride the coming cross.GL

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.