Replies to post #5487 on Energy Revenue America Inc (ERAO)

[My4ntoy]

Golden Cross - Simple definition - REPOST BY RIVER

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

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. (or 50-day over 200 in NVSR's case)

Investopedia explains Golden Cross
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.