GW1 0.00% 4.6¢ greenwing resources ltd

Hi Shelly, though I am not seeing a true "Golden Cross" as such....

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  1. 17,852 Posts.
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    Hi Shelly, though I am not seeing a true "Golden Cross" as such. It's usually shown as the 50 day average crossing to be above the 200 day.

    I think Markie is showing the 20 day crossing the 50 day, which happens a fair bit more often, particularly on stocks that are stuck down at this level with any movement up or down representing a 25% to 33% movement.

    Anyway here's is a daily chart showing the 20 day ema (blue line) mingling with the 50 day ema (green) whilst the 200 day ema (red line) continues to observe social distancing.

    IMG_3637.PNG
    Last edited by Names little: 22/11/20
 
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