AJQ armour energy limited
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Golden Cross formation

  1. frmen1
    2,054 Posts.
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    08/09/15
    12:20
    Post #: 15954111
    Current moves and fluctuations likely short term noise. A strong and bullish tech formation has appeared. A golden cross is a long term moving average being crossed by a shorter term one. In this case the 50 day MA has crossed the 100 day and about to cross the 200 day MA. Both of the longer ones are also in an uptrend lending greater value to its reliability. Golden Crosses are an important TA signal as far as tech analysis goes. 2015-09-08 12.05.24.png
    AJQ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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