ESI weekly chart shows a possible golden cross (Simple Moving Average (SMA) - SMA 50 cross SMA 200) to occur.
Generally it is seen as a positive for a stock from a TA perspective.
However, I am not sure whether Golden Cross occurring in a weekly or monthly chart to be strong/positive.
I have very limited TA knowledge.
Happy to be corrected.
24-06-2015 ESI possible Golden Cross Weekly Chart
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