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Robbie, newbie here. What exactly is a golden cross? I've seen it mentioned before but never knew what it meant.
Posts: 147 | From: Houston | Registered: Dec 2005
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look on the chart it is when the moving averages converge...it usually is a good buying signal and the point when a stock usually spikes to its highest for that period of time.
Posts: 2063 | From: Europe | Registered: Feb 2006
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Alot of people will be in today, and quite a few of us are holding free shares from the last run. Should see volume pick up shortly.
Posts: 2063 | From: Europe | Registered: Feb 2006
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Robbie - related question to above. I am able to make sense of obvious charting issues like one you linked to above, I still have problems getting a handle on less obvious information in the charts, especially on candlestick charts. They seem to elude me. Any help on where I can find easy to understand (they use little words LOL) information on charting in general and candlesticks in particular. Thanks in advance
-------------------- CG-48 "Victory is our tradition" Posts: 233 | From: Gautier, MS | Registered: Feb 2006
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The stock is channeling form 0.0024 to 0.0045...never said it will run but if it breaks 0.0045 then it will run...it might go down to the 32 day moving average at 0.002 then turn, but i don't see it happening.
If you get in now now at 0.0025...i'll bet you get 50% out of it within 3 weeks. Time will tell. Anyways, this is my first BAR-B-Q...i know what i'm talking about. Watch and see.