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Goldencross

Golden Cross - Bullish ISATL (Inmarsat)How long will the bullish trend last? I wouldn't have sold as early as I did, if I knew about the "Golden Cross". I just recently learned about it. :-) A Golden Cross occurs when the faster moving average (50day) goes above the slower moving average (200day), which is a good indicator to enter a long trade. A bullish Golden Cross (or Death Cross) is the opposite when a slower moving average (200day) goes below the faster moving average (50day), which is a good indicator to exit the trade. Any recommendations or tips on how to determine a good entry point with a moving average? Thanks, Pat
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by maga22
ETC/BTC completed market cycle, and precursor to golden crossETC/BTC appears to have completed a market cycle, and could enter a sideways period of accumulation before starting a new cycle. A potential entry based on a precursor to a possible golden cross is also present. 34EMA has crossed above 50SMA, and candles have closed above both. Good time to accumulate here, and wait for the 50SMA to cross above the 200SMA. If entering here, I would place a stop-loss below either the 34EMA, or 50SMA, or have a solid strategy to average down if needed.
Long
by FlyOnTheWallTrading
TROV's Golden Cross and My First TradingView ChartFirst off let me start by saying I am hardly a technician . My interest here to publish this idea is more for my own learning. Since buying some of Bulkowski's books, I have recently begun to delve into the technical realm. In other words, don't put any great amount of faith in my work, and certainly don't use any real money based on my prediction. I just hope you find this chart useful. O.K., I am currently long TROV and have maintained a core position for some time. When I saw what I thought was a golden cross on the daily chart, I started looking for other indicators. The oversold condition looks good, but, I think the fun might start if the stochastic momentum lines cross and volume spikes. It seems that TROV has been trading around that 5-6 dollar channel for a while so this prediction might not be too much of a stretch. I think the last time I saw a golden cross on TROV though we ended up trading around 13. I like the company enough to keep as a long term hold and I think good news will continue to flow. I am keeping some position here as my little way of saying #fcancer We know how volatile politics has made this sector, so be careful. Thanks for looking! P.S. Thanks to Drat and Lazy Bear for the cool stochastic momentum index indicator. Much appreciated.
TLong
by cbede