Technical Analysis - Deepstash

📈

Technical Analysis

4 STASHED IDEAS

Golden Cross

The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market.

There are three stages to a golden cross:

  • A downtrend that eventually ends as selling is depleted
  • A second stage where the shorter moving average crosses up through the longer moving average
  • The continuing uptrend, hopefully leading to higher prices.

10

STASHED IN:

26