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Shail

03/11/14 12:09 PM

#29021 RE: Sea Pigeon #29020

Million dollar question. I just commented yesterday that this is like the Chicken and Egg story.

What happens first. I will be happy if it zooms up. The price is inching upward though. Some good news can drive it higher.

GLTA.

yip

03/11/14 12:20 PM

#29024 RE: Sea Pigeon #29020

I'm sure vans will weigh in on this but it seems that higher volume is part of the technical definition as...

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.



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

apdn1mill

03/11/14 12:27 PM

#29025 RE: Sea Pigeon #29020

I don't think vans ever mentioned that SP goes to $1 within days of crossing Golden Cross :)