WKT 8.33% 11.0¢ walkabout resources ltd

You can do lots with moving averages - they have been discounted...

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    You can do lots with moving averages - they have been discounted in modern charting as reliable support and resistance indicators so a cross of one with the other is fairly irrelevant.

    Plotted on a daily chart the share price has actually gone up since the "death cross" -- proving how unreliable such a method is.

    https://hotcopper.com.au/data/attachments/2959/2959338-47a2c97dc3d299aebd797c6da6d672dd.jpg

 
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