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Vipyr

04/12/22 4:01 AM

#37437 RE: MC10459 #37435

Golden cross is 50 day over 200 day.. :) But hey I am good with any crossover to the positive. 20 over 50 or 20 over 200 lol.
I do also use a 250 day EMA and typically only play stocks that are trading above this moving average.

Interesting info about golden cross :)
Usually calculated by comparing a 50-day to a 200-day moving average, golden crosses are interpreted to mean that a stock is going up. The idea behind a golden cross is that if an investment's performance is continuing to lag, both the 50-day and the 200-day averages should stay about the same distance from each other. If the 50-day average picks up and crosses the longer-term average, it's a sign that the investment's price has started to increase and that there could be further upward momentum.
https://public.com/learn/golden-cross