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MisterEC

07/01/16 1:44 PM

#4070 RE: blakeww31 #4069

Golden Cross, mmm. Don't think that happened today. 13.26 -0.43

The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.


http://www.investopedia.com/terms/g/goldencross.asp

I sold the Jul 15 2016 14.0 Call and will trade this when I see fit to do so.