The POS Ark is ready, page-164

The lull in the eye of the storm. The Ark awaits the wave with stragglers doubting,  some villagers have gone back to the jungle thinking its all over...doubters who have no faith. The fisherman have full boats which they will have to ditch like in the film to avoid capsizing. But it maybe toooo late.



The golden cross, cracked at 12c with the 20/50dma now the 100dma 200dma convergence and flattening with high volume is confirmation.

The low volume pull back, flatening means the iceberg seller is GONE. 13c-15c was enough for him, 25M shares in 3 days and now suddenly low volume normalcy with light selling, trying to get the prawns in, offers on screen light till 16.5c still. What will another 25M volume in 3 days to the SP now? its in a holding pattern for announcements, massive volume no anns is unusual activity, buyers have pre-planned the petra client sellout on market, petra to petra looks like, one client to another an they get the commission money for jam...antonswig was right, the low vol means iceberg has broken up and the fisherman got his catch filled.

Up trend looking for 15c confirmation now. mexican standoff last 2 days once again same as before this run at 11c and at the runs at 14c, 17c before it in july...no desperate volume sellers at all..it looks primed for the spike on an announcement. All we need is fredy or DS to announce it. The calm before the storm means its just starting.
DEFINITION OF 'GOLDEN CROSS'

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.



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.