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adelevet

01/21/11 3:17 PM

#54851 RE: RogueBravo #54850

Good catch, I'll take this setup 9 times out of 10!
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speckulater

01/21/11 3:24 PM

#54855 RE: RogueBravo #54850

Golden Cross



Golden Cross


What Does Golden Cross Mean?

A crossover involving a security's short-term moving average (such as 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level.




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As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new support level in the rising market.

Technicians might see this cross as a sign that the market has turned in favor of the stock.


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



TDGI


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snakecorleone

01/21/11 3:25 PM

#54856 RE: RogueBravo #54850

Looks real good... a green close would be great today!